2601 Pine Knoll Dr UNIT 8Walnut CreekCA94595
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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 Walnut Creek at 2601 Pine Knoll Dr UNIT 8, Walnut Creek, CA, 94595 with 5% annual appreciation on a $375,000 basis while $5,376/mo rent supports operations. Total monthly income totals $5,376/mo and a $1,835/mo payment preserves $1,796/mo for cash returns. Annual cash flow comes to $21,547/yr on $124,313 deployed, and return on cash invested reaches 37.24% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 17.2%. Five-year ROI measures 200.2% and total cumulative return in cash totals $248,871.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,376/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
N/A lot
$N/A/sqft
$1,261 monthly 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
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Listed by: Lauren McLane • Exp Realty of California Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41069489
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-08-15 08:25:48 PDT.