2351 Paloma Ct APT 8PinoleCA94564
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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
Rental property for sale in Pinole at 2351 Paloma Ct APT 8, Pinole, CA, 94564 generates $2,712/mo in rent and, after a $1,708/mo payment, leaves $553/mo in cash flow. Total monthly income is $2,712/mo, and annual cash flow is $6,638/yr on $115,694 invested. Return on cash invested sits at 25.65% in year one, and rental yield is 9.32% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $154,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,712/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No 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: Wayne Ma • All Star Homes
Mls Name: MLSListings Inc
Mls ID: #ML82026347