4298 Grove CtLivermoreCA94550
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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 Livermore at 4298 Grove Ct, Livermore, CA, 94550 priced at $1,600,000 converts $7,577/mo rent into after a $7,831/mo obligation. Total monthly income equals $7,577/mo. Return on cash invested prints 15% in year one, and rental yield reads 5.68% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. Five-year ROI reaches 76.41% and total cumulative return in cash sums $396,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,577/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 2006
10,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94550, Livermore, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,842 (100%) |
| Owner Occupied HU | 12,953 (68.7%) |
| Renter Occupied HU | 5,085 (27.0%) |
| Vacant Housing Units | 804 ( 4.3%) |
| Median Home Value | $1,266,211 |
| Average Home Value | $1,325,729 |
Housing Distribution
Address Breakdown
Residential
18,538
Single Family
16,047
Multi-Family
2,491
Businesses
1,130
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Listed by: Amy Windschitl • PMZ Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224084348
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.