5709 Panama AveRichmondCA94804
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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 5709 Panama Ave, Richmond, CA, 94804 priced at $840,000 converts $3,602/mo rent into after a $4,111/mo obligation. Total monthly income equals $3,602/mo. Return on cash invested prints 13.14% in year one, and rental yield reads 5.15% against a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation compiles into $232,077 by year five. Five-year ROI reaches 66.49% and total cumulative return in cash sums $183,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,602/mo property income covering a $4,111/mo payment, not borrower’s personal income.
Single Family
Built in 1952
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94804, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,065 (100%) |
| Owner Occupied HU | 7,694 (47.9%) |
| Renter Occupied HU | 7,578 (47.2%) |
| Vacant Housing Units | 793 ( 4.9%) |
| Median Home Value | $707,589 |
| Average Home Value | $803,285 |
Housing Distribution
Address Breakdown
Residential
15,528
Single Family
12,603
Multi-Family
2,925
Businesses
1,213
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Listed by: N/A • N/A
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