3505 Park Ridge DrRichmondCA94806
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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 Richmond at 3505 Park Ridge Dr, Richmond, CA, 94806 offers a 4.12% rental yield on a $1,200,000 purchase with $4,122/mo rent. 18% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 50.57% and total cumulative return in cash at $196,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,122/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94806, San Pablo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,909 (100%) |
| Owner Occupied HU | 10,042 (48.0%) |
| Renter Occupied HU | 10,058 (48.1%) |
| Vacant Housing Units | 809 ( 3.9%) |
| Median Home Value | $658,348 |
| Average Home Value | $761,102 |
Housing Distribution
Address Breakdown
Residential
20,425
Single Family
14,561
Multi-Family
5,864
Businesses
1,069
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Listed by: Yeimalis Acevedo-Rasmussen • La Rosa Realty California
Mls Name: Bay East AOR
Mls ID: #41118319