641 9th StRichmondCA94801
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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
Investment property for sale in Richmond at 641 9th St, Richmond, CA, 94801 uses $132,600 cash to close to unlock $13,660/yr annual cash flow and $1,138/mo monthly cash flow. Total monthly income runs $3,613/mo, and a $1,958/mo payment keeps the spread at $1,138/mo. Purchase price stands at $400,000, and rental yield measures 10.84% with $3,613/mo rent. Return on cash invested shows 30.21% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 158.09% and total cumulative return in cash records $209,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,613/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1904
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94801, Richmond, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,643 (100%) |
| Owner Occupied HU | 4,301 (40.4%) |
| Renter Occupied HU | 5,723 (53.8%) |
| Vacant Housing Units | 619 ( 5.8%) |
| Median Home Value | $667,820 |
| Average Home Value | $818,383 |
Housing Distribution
Address Breakdown
Residential
10,030
Single Family
8,128
Multi-Family
1,902
Businesses
696
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Listed by: Tanya Ross-Ward • Inspired Real Estate Group, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225143542