348 Norris CtSan RamonCA94583
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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 San Ramon at 348 Norris Ct, San Ramon, CA, 94583 generates $7,447/mo in rent, after a $8,663/mo payment. Total monthly income is $7,447/mo. Return on cash invested sits at 13.04% in year one, and rental yield is 5.05% on a $1,770,000 entry. Equity gained on principal adds $11,422/yr, while 5% annual appreciation builds toward $489,018 over five years. Five-year ROI reaches 65.91% and total cumulative return in cash sums $377,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,447/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94583, San Ramon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,524 (100%) |
| Owner Occupied HU | 9,778 (67.3%) |
| Renter Occupied HU | 4,288 (29.5%) |
| Vacant Housing Units | 458 ( 3.2%) |
| Median Home Value | $1,340,340 |
| Average Home Value | $1,394,112 |
Housing Distribution
Address Breakdown
Residential
14,028
Single Family
10,896
Multi-Family
3,132
Businesses
2,436
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Listed by: Kholoud Abusneineh • Klemm Real Estate
Mls Name: MetroList Services of CA
Mls ID: #225058121