511 Lanai CirUnion CityCA94587
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 Union City at 511 Lanai Cir, Union City, CA, 94587 offers $6,983/mo rent that, after a $2,442/mo payment, leaves $3,896/mo cash flow. Total monthly income is $6,983/mo, and annual cash flow is $46,757/yr on $165,419 cash. Return on cash invested measures 48.18% in year one, and rental yield stands at 16.79% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 254.41% and total cumulative return in cash reaches $420,846. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,983/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94587, Union City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,860 (100%) |
| Owner Occupied HU | 13,557 (62.0%) |
| Renter Occupied HU | 7,713 (35.3%) |
| Vacant Housing Units | 590 ( 2.7%) |
| Median Home Value | $1,153,571 |
| Average Home Value | $1,180,265 |
Housing Distribution
Address Breakdown
Residential
21,542
Single Family
17,407
Multi-Family
4,135
Businesses
1,536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lan Nguyen • Alliance Manufactured Homes
Mls Name: My State MLS
Mls ID: #11267290