493 Lighthouse DriveVallejoCA94590
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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 Vallejo at 493 Lighthouse Drive, Vallejo, CA, 94590 offers $2,969/mo rent that, after a $1,659/mo payment, leaves $872/mo cash flow. Total monthly income is $2,969/mo, and annual cash flow is $10,465/yr on $112,379 cash. Return on cash invested measures 29.22% in year one, and rental yield stands at 10.51% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 152.81% and total cumulative return in cash reaches $171,724. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,969/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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: Susie Cole • New City Realty
Mls Name: BAREIS
Mls ID: #324060403