40938 Fairmont TerFremontCA94538
Nearby investment properties with comparable rents
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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 40938 Fairmont Ter, Fremont, CA, 94538 priced at $1,369,800 converts $7,501/mo rent into after a $6,704/mo obligation. Total monthly income equals $7,501/mo. Return on cash invested prints 16.83% in year one, and rental yield reads 6.57% against a $1,369,800 entry. Equity gained on principal adds $8,839/yr, while 5% annual appreciation compiles into $378,450 by year five. Five-year ROI reaches 86.56% and total cumulative return in cash sums $384,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,501/mo property income covering a $6,704/mo payment, not borrower’s personal income.
Townhouse
Built in 2009
0.43 Acres lot
$N/A/sqft
$337 monthly 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: Kathy Yue • Green Valley Realty USA
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81978491
Disclaimer: Based on information from the MLSListings MLS as of 2024-09-03 11:26:25 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.