5006 Rain Cloud DrRichmondCA94803
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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 Richmond at 5006 Rain Cloud Dr, Richmond, CA, 94803 priced at $1,070,000 converts $4,500/mo rent into after a $5,237/mo obligation. Total monthly income equals $4,500/mo. Return on cash invested prints 12.52% in year one, and rental yield reads 5.05% against a $1,070,000 entry. Equity gained on principal adds $6,905/yr, while 5% annual appreciation compiles into $295,621 by year five. Five-year ROI reaches 63.32% and total cumulative return in cash sums $219,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,500/mo property income covering a $5,237/mo payment, not borrower’s personal income.
Single Family
Built in 1979
10,302 sqft lot
$N/A/sqft
No 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
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Listed by: Devin De Amaral • Twin Oaks Real Estate INC
Mls Name: BAREIS
Mls Provider:
Mls ID: #324064161
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.