155 Sharene Ln APT 111Walnut CreekCA94596
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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 155 Sharene Ln APT 111, Walnut Creek, CA, 94596 uses $97,793 cash to close to unlock $8,267/yr annual cash flow and $689/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,444/mo payment keeps the spread at $689/mo. Purchase price stands at $295,000, and rental yield measures 10.23% with $2,514/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 148.16% and total cumulative return in cash records $144,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94596, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,306 (100%) |
| Owner Occupied HU | 4,516 (39.9%) |
| Renter Occupied HU | 5,956 (52.7%) |
| Vacant Housing Units | 834 ( 7.4%) |
| Median Home Value | $1,585,999 |
| Average Home Value | $1,532,173 |
Housing Distribution
Address Breakdown
Residential
11,477
Single Family
4,453
Multi-Family
7,024
Businesses
2,749
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Listed by: Monique Fuentes • Redfin Corporation
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41119649