505 Lighthouse DrVallejoCA94590
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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 505 Lighthouse Dr, Vallejo, CA, 94590 generates $1,702/mo in rent and, after a $1,174/mo payment, leaves $218/mo in cash flow. Total monthly income is $1,702/mo, and annual cash flow is $2,617/yr on $79,543 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 8.51% on a $239,950 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,294 over five years. Five-year ROI reaches 120.54% and total cumulative return in cash sums $95,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,702/mo property income rather than buyer’s personal income.
Condo
Built in 1988
953.96 sqft 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: Jon Nastro • Keller Williams Realty
Mls Name: MetroList Services of CA
Mls ID: #325100704