1388 Rockledge Ln APT 4Walnut CreekCA94595
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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 Walnut Creek at 1388 Rockledge Ln APT 4, Walnut Creek, CA, 94595 uses $159,087 cash to close to unlock $6,374/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $3,500/mo, and a $2,349/mo payment keeps the spread at $531/mo. Purchase price stands at $479,900, and rental yield measures 8.75% with $3,500/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 124.34% and total cumulative return in cash records $197,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94595, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,331 (100%) |
| Owner Occupied HU | 8,224 (79.6%) |
| Renter Occupied HU | 1,367 (13.2%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $990,504 |
| Average Home Value | $1,155,357 |
Housing Distribution
Address Breakdown
Residential
10,263
Single Family
8,376
Multi-Family
1,887
Businesses
351
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Listed by: Renee White • Keller Williams Realty
Mls Name: CCAR
Mls ID: #41120070