47 Parrott StVallejoCA94590
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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
Investment property for sale in Vallejo at 47 Parrott St, Vallejo, CA, 94590 uses $94,478 cash to close to unlock $8,653/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $2,926/mo, and a $1,395/mo payment keeps the spread at $721/mo. Purchase price stands at $285,000, and rental yield measures 12.32% with $2,926/mo rent. Return on cash invested shows 29.07% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 154.02% and total cumulative return in cash records $145,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1980
871.20 sqft lot
$N/A/sqft
$386 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94590, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,974 (100%) |
| Owner Occupied HU | 5,998 (37.5%) |
| Renter Occupied HU | 8,852 (55.4%) |
| Vacant Housing Units | 1,124 ( 7.0%) |
| Median Home Value | $592,980 |
| Average Home Value | $584,303 |
Housing Distribution
Address Breakdown
Residential
15,880
Single Family
12,590
Multi-Family
3,290
Businesses
1,842
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Listed by: Lissette Mora • Realty One Group FOX
Mls Name: BAREIS
Mls Provider:
Mls ID: #325001417
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.