6189 Thornton Ave APT DNewarkCA94560
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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
Total monthly income runs $3,703/mo, and a $3,398/mo payment. Purchase price stands at $694,200, and rental yield measures 6.4% with $3,703/mo rent. Return on cash invested shows 13.83% in year one, and 5% annual appreciation builds toward $191,795 over five years. Five-year ROI reaches 71.33% and total cumulative return in cash records $162,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,703/mo property income covering a $3,398/mo payment rather than investor’s personal income.
Condo
Built in 1987
1.45 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94560, Newark, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,425 (100%) |
| Owner Occupied HU | 11,166 (68.0%) |
| Renter Occupied HU | 4,717 (28.7%) |
| Vacant Housing Units | 542 ( 3.3%) |
| Median Home Value | $1,208,016 |
| Average Home Value | $1,253,420 |
Housing Distribution
Address Breakdown
Residential
16,059
Single Family
12,213
Multi-Family
3,846
Businesses
1,596
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Listed by: N/A • N/A
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