565 Lori Dr APT 23BeniciaCA94510
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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 Benicia at 565 Lori Dr APT 23, Benicia, CA, 94510 generates $3,516/mo in rent, after a $2,589/mo payment. Total monthly income is $3,516/mo. Return on cash invested sits at 18% in year one, and rental yield is 7.98% on a $528,888 entry. Equity gained on principal adds $3,413/yr, while 5% annual appreciation builds toward $146,122 over five years. Five-year ROI reaches 93.94% and total cumulative return in cash sums $163,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,516/mo property income rather than buyer’s personal income.
Condo
Built in 1983
1,019 sqft lot
$N/A/sqft
$442 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94510, Benicia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,237 (100%) |
| Owner Occupied HU | 7,542 (67.1%) |
| Renter Occupied HU | 3,209 (28.6%) |
| Vacant Housing Units | 486 ( 4.3%) |
| Median Home Value | $813,862 |
| Average Home Value | $830,633 |
Housing Distribution
Address Breakdown
Residential
11,240
Single Family
9,453
Multi-Family
1,787
Businesses
1,626
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Listed by: Ambar E Toledo • Twin Oaks Real Estate INC
Mls Name: BAREIS
Mls Provider:
Mls ID: #324076490
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.