355 Parkview Ter APT E2VallejoCA94589
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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 Vallejo at 355 Parkview Ter APT E2, Vallejo, CA, 94589 uses $85,527 cash to close to unlock $14,829/yr annual cash flow and $1,236/mo monthly cash flow. Total monthly income runs $3,312/mo, and a $1,263/mo payment keeps the spread at $1,236/mo. Purchase price stands at $258,000, and rental yield measures 15.4% with $3,312/mo rent. Return on cash invested shows 37.25% in year one, and 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 198.27% and total cumulative return in cash records $169,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,312/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Condo
Built in 1973
767 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
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Listed by: Carolina Guzman • RE/MAX Gold
Mls Name: BAREIS
Mls Provider:
Mls ID: #324060394
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.