6356 Kensington AveRichmondCA94805
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
Investment property for sale in Richmond at 6356 Kensington Ave, Richmond, CA, 94805 at $1,095,000 posts ROI 21.54% with $345/mo cash flow from $7,568/mo rent. Total monthly income equals $7,568/mo, and annual cash flow records $4,137/yr on $354,780 to close. Return on cash invested measures 21.54% and rental yield reads 8.29% at the current $1,095,000. Equity gained on principal adds $7,066/yr, and 5% annual appreciation supports $302,528 by year five. Five-year ROI prints 112.01% and total cumulative return in cash totals $397,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
5,998 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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Nearby investment properties with comparable prices
Listed by: Deana M Anderson • Twin Oaks Real Estate INC
Mls Name: BAREIS
Mls Provider:
Mls ID: #324068255
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.