38262 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
Rental property for sale in Newark at 38262 Luma Ter, Newark, CA, 94560 generates $5,050/mo in rent, after a $6,950/mo payment. Total monthly income is $5,050/mo. Return on cash invested sits at 9.28% in year one, and rental yield is 4.27% on a $1,420,000 entry. Equity gained on principal adds $9,163/yr, while 5% annual appreciation builds toward $392,320 over five years. Five-year ROI reaches 46.23% and total cumulative return in cash sums $212,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,050/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
1,742 sqft lot
$N/A/sqft
$209 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: Scott Bui • Keller Williams Tri-valley
Mls Name: Bay East AOR
Mls Provider:
Mls ID: #41108893
Disclaimer: Bay East 2025, CCAR 2025, bridgeMLS 2025. Information Deemed Reliable but not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used or any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-10-20 02:29:13 PDT.