424 Commodore DrRichmondCA94804
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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 Richmond at 424 Commodore Dr, Richmond, CA, 94804 priced at $598,000 converts $5,885/mo rent into $1,615/mo cash flow after a $2,927/mo obligation. Total monthly income equals $5,885/mo, and annual cash flow totals $19,383/yr on $196,742 invested. Return on cash invested prints 29.91% in year one, and rental yield reads 11.81% against a $598,000 entry. Equity gained on principal adds $3,859/yr, while 5% annual appreciation compiles into $165,216 by year five. Five-year ROI reaches 157.72% and total cumulative return in cash sums $310,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,885/mo property income covering a $2,927/mo payment, not borrower’s personal income.
Townhouse
Built in 1989
850 sqft lot
$N/A/sqft
$507 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94804, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,065 (100%) |
| Owner Occupied HU | 7,694 (47.9%) |
| Renter Occupied HU | 7,578 (47.2%) |
| Vacant Housing Units | 793 ( 4.9%) |
| Median Home Value | $707,589 |
| Average Home Value | $803,285 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,603
Multi-Family
2,925
Businesses
1,213
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Listed by: Andrew de Vries • Berkshire Hathaway-Franciscan
Mls Name: SFAR
Mls Provider:
Mls ID: #424061113
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.