6178 Bernhard AveRichmondCA94805
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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 6178 Bernhard Ave, Richmond, CA, 94805 priced at $777,777 converts $4,900/mo rent into $88/mo cash flow after a $3,807/mo obligation. Total monthly income equals $4,900/mo, and annual cash flow totals $1,060/yr on $255,889 invested. Return on cash invested prints 20.47% in year one, and rental yield reads 7.56% against a $777,777 entry. Equity gained on principal adds $5,019/yr, while 5% annual appreciation compiles into $214,885 by year five. Five-year ROI reaches 105.85% and total cumulative return in cash sums $270,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,900/mo property income covering a $3,807/mo payment, not borrower’s personal income.
Single Family
Built in 1953
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94805, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,433 (100%) |
| Owner Occupied HU | 3,356 (61.8%) |
| Renter Occupied HU | 1,877 (34.5%) |
| Vacant Housing Units | 200 ( 3.7%) |
| Median Home Value | $795,286 |
| Average Home Value | $858,719 |
Housing Distribution
Address Breakdown
Residential
5,252
Single Family
4,866
Multi-Family
386
Businesses
424
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Listed by: Paul LeJoy • Pacific Realty Partners
Mls Name: Bay East AOR
Mls ID: #41119915