8001 Terrace DrEl CerritoCA94530
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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
Rental property for sale in El Cerrito at 8001 Terrace Dr, El Cerrito, CA, 94530 priced at $1,395,000 pairs $4,883/mo rent with after a $6,828/mo payment. Total monthly income equals $4,883/mo. Return on cash invested is 10.32% in year one, and rental yield stands at 4.2% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 51.37% and total cumulative return in cash reaches $232,174. For financing, Ziffy Mortgage’s DSCR program evaluates $4,883/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94530, El Cerrito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,126 (100%) |
| Owner Occupied HU | 6,184 (55.6%) |
| Renter Occupied HU | 4,368 (39.3%) |
| Vacant Housing Units | 574 ( 5.2%) |
| Median Home Value | $1,081,164 |
| Average Home Value | $1,205,118 |
Housing Distribution
Address Breakdown
Residential
11,022
Single Family
8,757
Multi-Family
2,265
Businesses
819
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Listed by: Eric T. Rahe • Christie's Int'l Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #425018345
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.