2424 Tice Creek Dr APT 2Walnut CreekCA94595
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 2424 Tice Creek Dr APT 2, Walnut Creek, CA, 94595 in Walnut Creek worth modelling. At $612,000 with a 7.49% gross yield, the $3,821/mo rent leaves $35/mo after the $2,752/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.39 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $169,084 by year five; $5,637/yr in principal reduction adds further equity. Total projected return: $234,325.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $35 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,821 |
| Total Monthly Debt Service | $3,542 |
| DSCR Ratio | 1.08x |
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 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94595, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,331 (100%) |
| Owner Occupied HU | 8,224 (79.6%) |
| Renter Occupied HU | 1,367 (13.2%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $990,504 |
| Average Home Value | $1,155,357 |
Housing Distribution
Address Breakdown
Residential
10,263
Single Family
8,376
Multi-Family
1,887
Businesses
351
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 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94595, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,331 (100%) |
| Owner Occupied HU | 8,224 (79.6%) |
| Renter Occupied HU | 1,367 (13.2%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $990,504 |
| Average Home Value | $1,155,357 |
Housing Distribution
Address Breakdown
Residential
10,263
Single Family
8,376
Multi-Family
1,887
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Germain • Rossmoor Realty / J.h. Russell
Mls Name: CCAR
Mls ID: #41117780