1605 Riviera Ave #608Walnut 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 1605 Riviera Ave #608, Walnut Creek, CA, 94596 offers a 4.1% rental yield on a $1,112,000 purchase with $3,799/mo rent. 11% in year one. Equity gained on principal adds $7,176/yr while 5% annual appreciation supports $307,225 over five years. Portfolio math shows five-year ROI at 50.2% and total cumulative return in cash at $180,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,799/mo property income against a $5,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2017
899 sqft 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: Milan Jezdimorovic • Compass
Mls Name: SFAR
Mls ID: #425043916