1457 Marchbanks Dr APT 1Walnut 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
Investment property for sale in Walnut Creek at 1457 Marchbanks Dr APT 1, Walnut Creek, CA, 94598 uses $119,009 cash to close to unlock $69/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $2,846/mo, and a $1,757/mo payment keeps the spread at $6/mo. Purchase price stands at $359,000, and rental yield measures 9.51% with $2,846/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 105.42% and total cumulative return in cash records $125,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,846/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1972
1,267 sqft lot
$N/A/sqft
$554 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: Jason Atoigue • Loanstar Mortgage
Mls Name: MetroList Services of CA
Mls ID: #225111732