2345 Paloma Ct APT 1PinoleCA94564
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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 Pinole at 2345 Paloma Ct APT 1, Pinole, CA, 94564 listed at $384,000 pairs $3,149/mo rent with a $1,879/mo payment to leave $164/mo cash flow. Total monthly income runs $3,149/mo, and annual cash flow reaches $1,973/yr on $127,296 cash to close. Return on cash invested measures 21.46% in year one, and rental yield registers 9.84% at a $384,000 basis. Equity gained on principal adds $2,478/yr, and annual property appreciation at 5% supports $106,092 by year five. Five-year ROI tracks 113.24% and total cumulative return in cash totals $144,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,149/mo property income relative to a $1,879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Esthela Duran Camacho • RE/MAX Gold Midtown
Mls Name: MetroList Services of CA
Mls ID: #225005398