589 5th StRichmondCA94801
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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 589 5th St, Richmond, CA, 94801 offers $2,989/mo rent that, after a $1,818/mo payment, leaves $361/mo cash flow. Total monthly income is $2,989/mo, and annual cash flow is $4,336/yr on $123,126 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 9.66% at a $371,422 entry. Equity gained on principal adds $2,397/yr while 5% annual appreciation compounds into $102,617 by year five. Five-year ROI records 122.91% and total cumulative return in cash reaches $151,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,989/mo property income versus a $1,818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
2,064 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94801, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,643 (100%) |
| Owner Occupied HU | 4,301 (40.4%) |
| Renter Occupied HU | 5,723 (53.8%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $667,820 |
| Average Home Value | $818,383 |
Housing Distribution
Address Breakdown
Residential
10,030
Single Family
8,128
Multi-Family
1,902
Businesses
696
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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