38627 Cherry Ln APT 113FremontCA94536
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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 Fremont at 38627 Cherry Ln APT 113, Fremont, CA, 94536 earns from $3,122/mo rent with a $2,619/mo payment. Total monthly income totals $3,122/mo. ROI tracks 14.62% on current figures, and rental yield reads 7% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 75.94% and total cumulative return in cash sums $133,660. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,122/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$485 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94536, Fremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,415 (100%) |
| Owner Occupied HU | 13,875 (52.5%) |
| Renter Occupied HU | 11,527 (43.6%) |
| Vacant Housing Units | 1,013 ( 3.8%) |
| Median Home Value | $1,348,124 |
| Average Home Value | $1,389,652 |
Housing Distribution
Address Breakdown
Residential
25,999
Single Family
18,941
Multi-Family
7,058
Businesses
1,088
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Listed by: Sana Zeglinski • Fireside Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81983927
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-18 06:06:38 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.