444 Corcoran Ave APT 4VallejoCA94589
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Nearby investment properties with comparable prices
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 Vallejo at 444 Corcoran Ave APT 4, Vallejo, CA, 94589 offers a 8.14% rental yield on a $244,000 purchase with $1,655/mo rent. Total monthly income registers $1,655/mo, and a $1,194/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,750/yr on $80,886 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,574/yr while 5% annual appreciation supports $67,413 over five years. Portfolio math shows five-year ROI at 114.44% and total cumulative return in cash at $92,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,655/mo property income against a $1,194/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
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Listed by: Maria Chamberlain • Minted Real Estate Group, Inc.
Mls Name: CRMLS
Mls ID: #SR25159190