6345 Joaquin Murieta Ave APT BNewarkCA94560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newark at 6345 Joaquin Murieta Ave APT B, Newark, CA, 94560 generates $3,713/mo in rent, after a $3,181/mo payment. Total monthly income is $3,713/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 6.86% on a $649,888 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,552 over five years. Five-year ROI reaches 94.37% and total cumulative return in cash sums $201,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,713/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
914.76 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Khesin • Intempus Realty
Mls Name: MLSListings Inc
Mls ID: #ML82021306