3838 Development Ter #1001FremontCA94538
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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 Fremont at 3838 Development Ter #1001, Fremont, CA, 94538 generates $4,050/mo in rent, after a $5,286/mo payment. Total monthly income is $4,050/mo. Return on cash invested sits at 11.35% in year one, and rental yield is 4.5% on a $1,080,000 entry. Equity gained on principal adds $6,969/yr, while 5% annual appreciation builds toward $298,384 over five years. Five-year ROI reaches 56.82% and total cumulative return in cash sums $198,820. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,050/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94538, Fremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,484 (100%) |
| Owner Occupied HU | 10,624 (43.4%) |
| Renter Occupied HU | 12,116 (49.5%) |
| Vacant Housing Units | 1,744 ( 7.1%) |
| Median Home Value | $1,190,285 |
| Average Home Value | $1,209,831 |
Housing Distribution
Address Breakdown
Residential
23,798
Single Family
15,392
Multi-Family
8,406
Businesses
3,823
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Listed by: Gabriel Heredia • Redfin
Mls Name: Bay East AOR
Mls ID: #41118245