224 Queens Way #224PittsburgCA94565
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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 Pittsburg at 224 Queens Way #224, Pittsburg, CA, 94565 uses $39,747 cash to close to unlock $2,474/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $948/mo, and a $587/mo payment keeps the spread at $206/mo. Purchase price stands at $119,900, and rental yield measures 9.49% with $948/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 136.34% and total cumulative return in cash records $54,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $948/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94565, Pittsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,781 (100%) |
| Owner Occupied HU | 17,563 (55.3%) |
| Renter Occupied HU | 13,096 (41.2%) |
| Vacant Housing Units | 1,122 ( 3.5%) |
| Median Home Value | $597,549 |
| Average Home Value | $644,907 |
Housing Distribution
Address Breakdown
Residential
31,108
Single Family
27,251
Multi-Family
3,857
Businesses
1,353
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Listed by: Todd Su • Realty World-Todd Su & Company
Mls Name: MLSListings Inc
Mls ID: #ML82027206