353 S 17th StRichmondCA94804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Richmond at 353 S 17th St, Richmond, CA, 94804 priced at $649,000 converts $5,969/mo rent into $1,557/mo cash flow after a $3,177/mo obligation. Total monthly income equals $5,969/mo, and annual cash flow totals $18,681/yr on $213,521 invested. Return on cash invested prints 28.81% in year one, and rental yield reads 11.04% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 151.34% and total cumulative return in cash sums $323,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,969/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1959
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94804, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,065 (100%) |
| Owner Occupied HU | 7,694 (47.9%) |
| Renter Occupied HU | 7,578 (47.2%) |
| Vacant Housing Units | 793 ( 4.9%) |
| Median Home Value | $707,589 |
| Average Home Value | $803,285 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,603
Multi-Family
2,925
Businesses
1,213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassandra D Hall • Pacific Bay Estates
Mls Name: BAREIS
Mls Provider:
Mls ID: #324064309
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.