328 Waikiki CirUnion CityCA94587
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Union City at 328 Waikiki Cir, Union City, CA, 94587 uses $74,256 cash to close to unlock $1,436/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $1,096/mo payment keeps the spread at $120/mo. Purchase price stands at $224,000, and rental yield measures 8.06% with $1,505/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 113.23% and total cumulative return in cash records $84,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94587, Union City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,860 (100%) |
| Owner Occupied HU | 13,557 (62.0%) |
| Renter Occupied HU | 7,713 (35.3%) |
| Vacant Housing Units | 590 ( 2.7%) |
| Median Home Value | $1,153,571 |
| Average Home Value | $1,180,265 |
Housing Distribution
Address Breakdown
Residential
21,542
Single Family
17,407
Multi-Family
4,135
Businesses
1,536
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Listed by: Lisa Benavides • Realty Experts
Mls Name: Bay East AOR
Mls ID: #41115282