398 Mill RdMartinezCA94553
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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 Martinez at 398 Mill Rd, Martinez, CA, 94553 offers a 8.15% rental yield on a $299,999 purchase with $2,037/mo rent. Total monthly income registers $2,037/mo, and a $1,468/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,178/yr on $99,450 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 114.59% and total cumulative return in cash at $113,964. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,037/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94553, Martinez, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,001 (100%) |
| Owner Occupied HU | 13,368 (66.8%) |
| Renter Occupied HU | 5,906 (29.5%) |
| Vacant Housing Units | 727 ( 3.6%) |
| Median Home Value | $816,989 |
| Average Home Value | $866,436 |
Housing Distribution
Address Breakdown
Residential
19,982
Single Family
17,581
Multi-Family
2,401
Businesses
1,659
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Listed by: April Largent • Cole Real Estate
Mls Name: CCAR
Mls ID: #41115387