4907 Wagonwheel WayRichmondCA94803
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4907 Wagonwheel Way, Richmond, CA, 94803 in Richmond is a solid income-producing rental, 9.24% gross yield, $6,967/mo rent, $1,311/mo net cash flow on a $905,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $250,035 and $8,335/yr in principal reduction project a total cumulative return of $427,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $1,311 | $250 |
City averages based on Richmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,967 |
| Total Monthly Debt Service | $5,296 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
5,998 sqft lot
$N/A/sqft
$365 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94803, El Sobrante, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,745 (100%) |
| Owner Occupied HU | 6,564 (67.4%) |
| Renter Occupied HU | 2,766 (28.4%) |
| Vacant Housing Units | 415 ( 4.3%) |
| Median Home Value | $812,573 |
| Average Home Value | $917,555 |
Housing Distribution
Address Breakdown
Residential
9,595
Single Family
8,115
Multi-Family
1,480
Businesses
356
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
Single Family
Built in 1986
5,998 sqft lot
$N/A/sqft
$365 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94803, El Sobrante, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,745 (100%) |
| Owner Occupied HU | 6,564 (67.4%) |
| Renter Occupied HU | 2,766 (28.4%) |
| Vacant Housing Units | 415 ( 4.3%) |
| Median Home Value | $812,573 |
| Average Home Value | $917,555 |
Housing Distribution
Address Breakdown
Residential
9,595
Single Family
8,115
Multi-Family
1,480
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices