5631 Doremus AveRichmondCA94805
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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
Investment property for sale in Richmond at 5631 Doremus Ave, Richmond, CA, 94805 with 5% annual appreciation on a $758,000 basis while $4,945/mo rent supports operations. Total monthly income totals $4,945/mo and a $3,710/mo payment preserves $256/mo for cash returns. Annual cash flow comes to $3,071/yr on $249,382 deployed, and return on cash invested reaches 21.29% in year one. Equity gained on principal adds $4,891/yr, and five-year appreciation sums $209,421 alongside rental yield of 7.83%. Five-year ROI measures 110.22% and total cumulative return in cash totals $274,857.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,945/mo property income versus a $3,710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
4,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94805, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 3,356 (61.8%) |
| Renter Occupied HU | 1,877 (34.5%) |
| Vacant Housing Units | 200 ( 3.7%) |
| Median Home Value | $795,286 |
| Average Home Value | $858,719 |
Housing Distribution
Address Breakdown
Residential
5,252
Single Family
4,866
Multi-Family
386
Businesses
424
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Listed by: Hung K. Kwok • MaxReal
Mls Name: SFAR
Mls Provider:
Mls ID: #424046079
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.