585 Majestic Way #40San LeandroCA94578
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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 San Leandro at 585 Majestic Way #40, San Leandro, CA, 94578 listed at $476,300 pairs $3,032/mo rent with a $2,331/mo payment. Total monthly income runs $3,032/mo. Return on cash invested measures 17.22% in year one, and rental yield registers 7.64% at a $476,300 basis. Equity gained on principal adds $3,073/yr, and annual property appreciation at 5% supports $131,593 by year five. Five-year ROI tracks 89.61% and total cumulative return in cash totals $141,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,032/mo property income relative to a $2,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
3,659 sqft lot
$N/A/sqft
$440 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94578, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,212 (100%) |
| Owner Occupied HU | 5,836 (38.4%) |
| Renter Occupied HU | 8,738 (57.4%) |
| Vacant Housing Units | 638 ( 4.2%) |
| Median Home Value | $828,394 |
| Average Home Value | $923,591 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
8,713
Multi-Family
6,015
Businesses
939
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