1422 Via LomaWalnut CreekCA94598
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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 Walnut Creek at 1422 Via Loma, Walnut Creek, CA, 94598 priced at $985,000 converts $7,177/mo rent into $327/mo cash flow after a $4,821/mo obligation. Total monthly income equals $7,177/mo, and annual cash flow totals $3,930/yr on $324,065 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 8.74% against a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation compiles into $272,137 by year five. Five-year ROI reaches 111.13% and total cumulative return in cash sums $360,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,177/mo property income covering a $4,821/mo payment, not borrower’s personal income.
Townhouse
Built in 1969
3,049 sqft lot
$N/A/sqft
$432 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94598, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,756 (100%) |
| Owner Occupied HU | 7,939 (73.8%) |
| Renter Occupied HU | 2,407 (22.4%) |
| Vacant Housing Units | 410 ( 3.8%) |
| Median Home Value | $1,327,351 |
| Average Home Value | $1,384,723 |
Housing Distribution
Address Breakdown
Residential
10,708
Single Family
9,322
Multi-Family
1,386
Businesses
1,044
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Listed by: Jim Ellis • Coldwell Banker
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41070391
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-08-29 05:28:41 PDT.