588 Main St UNIT 209NapaCA94559
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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 Napa at 588 Main St UNIT 209, Napa, CA, 94559 offers a 4.26% rental yield on a $740,000 purchase with $2,627/mo rent. 74% in year one. Equity gained on principal adds $4,775/yr while 5% annual appreciation supports $204,448 over five years. Portfolio math shows five-year ROI at 33.54% and total cumulative return in cash at $81,646. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,627/mo property income against a $3,622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
871.20 sqft lot
$N/A/sqft
$612 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94559, Napa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,935 (100%) |
| Owner Occupied HU | 5,036 (42.2%) |
| Renter Occupied HU | 5,654 (47.4%) |
| Vacant Housing Units | 1,245 (10.4%) |
| Median Home Value | $942,495 |
| Average Home Value | $1,048,604 |
Housing Distribution
Address Breakdown
Residential
11,614
Single Family
9,123
Multi-Family
2,491
Businesses
1,756
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Listed by: Bill Keller • Coldwell Banker B of V-Napa
Mls Name: BAREIS
Mls Provider:
Mls ID: #324076884
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.