447 Stege AveRichmondCA94804
Nearby investment properties with comparable rents
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 Richmond at 447 Stege Ave, Richmond, CA, 94804 at $760,000 posts ROI 26.43% with $1,326/mo cash flow from $6,539/mo rent. Total monthly income equals $6,539/mo, and annual cash flow records $15,915/yr on $250,040 to close. Return on cash invested measures 26.43% and rental yield reads 10.32% at the current $760,000. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 by year five. Five-year ROI prints 138.65% and total cumulative return in cash totals $346,681.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,539/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
3,384 sqft lot
$N/A/sqft
No 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: Jennifer Bregar • RE/MAX Gold
Mls Name: BAREIS
Mls Provider:
Mls ID: #324050253
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.