2345 Paloma Ct APT 1PinoleCA94564
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2345 Paloma Ct APT 1, Pinole, CA, 94564 in Pinole at $384,000 earns $3,149/mo in rent and nets $164/mo after the $1,727/mo payment, a 9.84% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $106,092 over five years. Ziffy Mortgage underwrites this on a 1.82 DSCR without U.S. credit history. With $3,537/yr in principal paydown, total projected return reaches $158,808.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.0% |
| Monthly Cash Flow | $164 | $300 |
City averages based on Pinole market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,149 |
| Total Monthly Debt Service | $2,832 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
1,084 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94564, Pinole, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,517 (68.1%) |
| Renter Occupied HU | 1,845 (27.8%) |
| Vacant Housing Units | 270 ( 4.1%) |
| Median Home Value | $747,549 |
| Average Home Value | $877,608 |
Housing Distribution
Address Breakdown
Residential
6,956
Single Family
6,158
Multi-Family
798
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1963
1,084 sqft lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94564, Pinole, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,517 (68.1%) |
| Renter Occupied HU | 1,845 (27.8%) |
| Vacant Housing Units | 270 ( 4.1%) |
| Median Home Value | $747,549 |
| Average Home Value | $877,608 |
Housing Distribution
Address Breakdown
Residential
6,956
Single Family
6,158
Multi-Family
798
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Esthela Duran Camacho • RE/MAX Gold Midtown
Mls Name: MetroList Services of CA
Mls ID: #225005398