513 Verde AvenueRichmondCA94801
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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 513 Verde Avenue, Richmond, CA, 94801 generates $2,325/mo in rent, after a $2,325/mo payment. Total monthly income is $2,325/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 5.87% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 60.48% and total cumulative return in cash sums $95,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,325/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94801, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,643 (100%) |
| Owner Occupied HU | 4,301 (40.4%) |
| Renter Occupied HU | 5,723 (53.8%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $667,820 |
| Average Home Value | $818,383 |
Housing Distribution
Address Breakdown
Residential
10,030
Single Family
8,128
Multi-Family
1,902
Businesses
696
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Listed by: Miguel Paredes • Holmes Burrell Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #325042059
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.