8 Island View DrRichmondCA94801
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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 $6,610/mo, and a $4,723/mo payment. Purchase price stands at $965,000, and rental yield measures 8.22% with $6,610/mo rent. Return on cash invested shows 17.61% in year one, and 5% annual appreciation builds toward $266,612 over five years. Five-year ROI reaches 92.24% and total cumulative return in cash records $292,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,610/mo property income covering a $4,723/mo payment rather than investor’s personal income.
Condo
Built in 2019
1,528 sqft lot
$N/A/sqft
$625 monthly 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: Fatemah A. Nikchehi • KW Advisors
Mls Name: SFAR
Mls Provider:
Mls ID: #424065414
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.