700 Fargo Ave APT 12San LeandroCA94579
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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 San Leandro at 700 Fargo Ave APT 12, San Leandro, CA, 94579 listed at $398,000 pairs $3,247/mo rent with a $1,948/mo payment to leave $785/mo cash flow. Total monthly income runs $3,247/mo, and annual cash flow reaches $9,419/yr on $131,937 cash to close. Return on cash invested measures 27.05% in year one, and rental yield registers 9.79% at a $398,000 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 141.11% and total cumulative return in cash totals $186,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,247/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94579, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,978 (100%) |
| Owner Occupied HU | 4,919 (70.5%) |
| Renter Occupied HU | 1,884 (27.0%) |
| Vacant Housing Units | 175 ( 2.5%) |
| Median Home Value | $825,394 |
| Average Home Value | $840,397 |
Housing Distribution
Address Breakdown
Residential
7,094
Single Family
6,416
Multi-Family
678
Businesses
217
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Listed by: Suzan Bakalova • KW Advisors
Mls Name: MLSListings Inc
Mls ID: #ML82023780