38118 Luma TerNewarkCA94560
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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 Newark at 38118 Luma Ter, Newark, CA, 94560 listed at $1,338,000 pairs $5,506/mo rent with a $6,549/mo payment. Total monthly income runs $5,506/mo. Return on cash invested measures 11.71% in year one, and rental yield registers 4.94% at a $1,338,000 basis. Equity gained on principal adds $8,634/yr, and annual property appreciation at 5% supports $369,665 by year five. Five-year ROI tracks 59.12% and total cumulative return in cash totals $256,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,506/mo property income relative to a $6,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
1,964 sqft lot
$N/A/sqft
$208 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94560, Newark, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,425 (100%) |
| Owner Occupied HU | 11,166 (68.0%) |
| Renter Occupied HU | 4,717 (28.7%) |
| Vacant Housing Units | 542 ( 3.3%) |
| Median Home Value | $1,208,016 |
| Average Home Value | $1,253,420 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
12,213
Multi-Family
3,846
Businesses
1,596
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Listed by: William DerWie Shih • Top Travisso Realty and Investment
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82008096
Disclaimer: Based on information from the MLSListings MLS as of 2025-05-23 14:05:10 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.