581 Summit DrPinoleCA94564
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pinole at 581 Summit Dr, Pinole, CA, 94564 priced at $575,000 converts $3,214/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,214/mo. Return on cash invested prints 17.89% in year one, and rental yield reads 6.71% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 91.96% and total cumulative return in cash sums $173,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,214/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1955
10,851 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94564, Pinole, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,517 (68.1%) |
| Renter Occupied HU | 1,845 (27.8%) |
| Vacant Housing Units | 270 ( 4.1%) |
| Median Home Value | $747,549 |
| Average Home Value | $877,608 |
Housing Distribution
Address Breakdown
Residential
6,956
Single Family
6,158
Multi-Family
798
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica A Dunn • Realty One Group FOX
Mls Name: BAREIS
Mls Provider:
Mls ID: #324081171
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.