502 San Luis DrVallejoCA94590
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
Rental property for sale in Vallejo at 502 San Luis Dr, Vallejo, CA, 94590 priced at $158,000 converts $2,251/mo rent into $1,274/mo cash flow after a $773/mo obligation. Total monthly income equals $2,251/mo, and annual cash flow totals $15,287/yr on $52,377 invested. Return on cash invested prints 49.1% in year one, and rental yield reads 17.1% against a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation compiles into $43,652 by year five. Five-year ROI reaches 259.35% and total cumulative return in cash sums $135,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,251/mo property income covering a $773/mo payment, not borrower’s personal income.
Manufactured
Built in 1965
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Lara • Alliance Bay Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324062688
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.