892 Melcher StSan LeandroCA94577
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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 892 Melcher St, San Leandro, CA, 94577 listed at $725,000 pairs $2,893/mo rent with a $3,549/mo payment. Total monthly income runs $2,893/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 4.79% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 60.66% and total cumulative return in cash totals $144,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,893/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94577, San Leandro, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,947 (100%) |
| Owner Occupied HU | 9,256 (51.6%) |
| Renter Occupied HU | 7,916 (44.1%) |
| Vacant Housing Units | 775 ( 4.3%) |
| Median Home Value | $847,672 |
| Average Home Value | $921,481 |
Housing Distribution
Address Breakdown
Residential
17,678
Single Family
12,420
Multi-Family
5,258
Businesses
2,916
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Listed by: David Aguero • RE/MAX Grupe Gold
Mls Name: MetroList Services of CA
Mls ID: #225137730