39829 Pelton 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
Investment property for sale in Newark at 39829 Pelton Ter, Newark, CA, 94560 offers a 5.4% rental yield on a $874,800 purchase with $3,934/mo rent. 9% in year one. Equity gained on principal adds $5,645/yr while 5% annual appreciation supports $241,691 over five years. Portfolio math shows five-year ROI at 70.58% and total cumulative return in cash at $203,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,934/mo property income against a $4,282/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2015
N/A lot
$N/A/sqft
No 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: Steve Ahn • Legacy Real Estate & Associates
Mls Name: MLSListings Inc
Mls ID: #ML82030455