1601 3rd Ave #205Walnut CreekCA94597
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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
Total monthly income runs $3,961/mo, and a $3,759/mo payment. Purchase price stands at $768,000, and rental yield measures 6.19% with $3,961/mo rent. Return on cash invested shows 13.45% in year one, and 5% annual appreciation builds toward $212,184 over five years. Five-year ROI reaches 69.22% and total cumulative return in cash records $174,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,961/mo property income covering a $3,759/mo payment rather than investor’s personal income.
Condo
Built in 2015
932.18 sqft lot
$N/A/sqft
$397 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94597, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,435 (100%) |
| Owner Occupied HU | 5,364 (43.1%) |
| Renter Occupied HU | 6,338 (51.0%) |
| Vacant Housing Units | 733 ( 5.9%) |
| Median Home Value | $1,057,085 |
| Average Home Value | $1,144,515 |
Housing Distribution
Address Breakdown
Residential
11,123
Single Family
6,104
Multi-Family
5,019
Businesses
635
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Listed by: Marilou A. Atencio • Dio Real Estate
Mls Name: SFAR
Mls Provider:
Mls ID: #425009386
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.