516 Lexington AveEl CerritoCA94530
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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 El Cerrito at 516 Lexington Ave, El Cerrito, CA, 94530 generates $3,904/mo in rent and, after a $2,932/mo payment, leaves $64/mo in cash flow. Total monthly income is $3,904/mo, and annual cash flow is $768/yr on $197,071 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 7.82% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 106.02% and total cumulative return in cash sums $208,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,904/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94530, El Cerrito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,126 (100%) |
| Owner Occupied HU | 6,184 (55.6%) |
| Renter Occupied HU | 4,368 (39.3%) |
| Vacant Housing Units | 574 ( 5.2%) |
| Median Home Value | $1,081,164 |
| Average Home Value | $1,205,118 |
Housing Distribution
Address Breakdown
Residential
11,022
Single Family
8,757
Multi-Family
2,265
Businesses
819
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Listed by: Ivan Leung • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #425031019
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.