3921 Novel WayCastro ValleyCA94546
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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 Castro Valley at 3921 Novel Way, Castro Valley, CA, 94546 earns from $3,206/mo rent with a $5,814/mo payment. Total monthly income totals $3,206/mo. ROI tracks 7.45% on current figures, and rental yield reads 3.24% at a $1,187,900 purchase. Equity gained on principal adds $7,665/yr, and 5% annual appreciation supports $328,195 over five years. Five-year ROI reaches 35.95% and total cumulative return in cash sums $138,377. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,206/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94546, Castro Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,942 (100%) |
| Owner Occupied HU | 10,109 (59.7%) |
| Renter Occupied HU | 6,168 (36.4%) |
| Vacant Housing Units | 665 ( 3.9%) |
| Median Home Value | $1,018,464 |
| Average Home Value | $1,118,526 |
Housing Distribution
Address Breakdown
Residential
17,114
Single Family
13,129
Multi-Family
3,985
Businesses
1,211
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Listed by: N/A • N/A
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A