185 Sierra Dr APT 206Walnut 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 185 Sierra Dr APT 206, Walnut Creek, CA, 94596 listed at $325,000 pairs $2,291/mo rent with a $1,591/mo payment to leave $280/mo cash flow. Total monthly income runs $2,291/mo, and annual cash flow reaches $3,362/yr on $107,738 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.46% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 119.6% and total cumulative return in cash totals $128,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,291/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
8,712 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: Michael Forkas • Exp Realty Of California, Inc
Mls Name: Bay East AOR
Mls ID: #41119236