5048 Dorking CtNewarkCA94560
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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 Newark at 5048 Dorking Ct, Newark, CA, 94560 priced at $1,499,000 converts $7,951/mo rent into after a $7,337/mo obligation. Total monthly income equals $7,951/mo. Return on cash invested prints 17.1% in year one, and rental yield reads 6.37% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 87.69% and total cumulative return in cash sums $425,877. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,951/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 1968
6,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94560, Newark, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,425 (100%) |
| Owner Occupied HU | 11,166 (68.0%) |
| Renter Occupied HU | 4,717 (28.7%) |
| Vacant Housing Units | 542 ( 3.3%) |
| Median Home Value | $1,208,016 |
| Average Home Value | $1,253,420 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
12,213
Multi-Family
3,846
Businesses
1,596
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Listed by: Andrew de Vries • Berkshire Hathaway-Franciscan
Mls Name: SFAR
Mls Provider:
Mls ID: #424053726
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.