343 Blanchard LnBeniciaCA94510
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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
Rental property for sale in Benicia at 343 Blanchard Ln, Benicia, CA, 94510 generates $3,115/mo in rent, after a $2,202/mo payment. Total monthly income is $3,115/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 8.31% on a $449,950 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,313 over five years. Five-year ROI reaches 97.12% and total cumulative return in cash sums $144,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Condo
Built in 1983
876 sqft lot
$N/A/sqft
$498 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94510, Benicia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,237 (100%) |
| Owner Occupied HU | 7,542 (67.1%) |
| Renter Occupied HU | 3,209 (28.6%) |
| Vacant Housing Units | 486 ( 4.3%) |
| Median Home Value | $813,862 |
| Average Home Value | $830,633 |
Housing Distribution
Address Breakdown
Residential
11,240
Single Family
9,453
Multi-Family
1,787
Businesses
1,626
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Listed by: Stephanie Marrone • RE/MAX Gold
Mls Name: BAREIS
Mls Provider:
Mls ID: #324094597
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.