607 Tobin DriveVallejoCA94589
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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 Vallejo at 607 Tobin Drive, Vallejo, CA, 94589 priced at $629,000 converts $3,113/mo rent into after a $3,079/mo obligation. Total monthly income equals $3,113/mo. Return on cash invested prints 15.55% in year one, and rental yield reads 5.94% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 79.41% and total cumulative return in cash sums $164,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,113/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1962
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94589, Vallejo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,016 (100%) |
| Owner Occupied HU | 5,801 (57.9%) |
| Renter Occupied HU | 3,729 (37.2%) |
| Vacant Housing Units | 486 ( 4.9%) |
| Median Home Value | $577,913 |
| Average Home Value | $624,934 |
Housing Distribution
Address Breakdown
Residential
9,946
Single Family
8,597
Multi-Family
1,349
Businesses
337
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Listed by: Stephen Ridge • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #325044457
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