2650 Jones Rd APT 14Walnut CreekCA94597
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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 Walnut Creek at 2650 Jones Rd APT 14, Walnut Creek, CA, 94597 generates $4,027/mo in rent and, after a $2,814/mo payment, leaves $470/mo in cash flow. Total monthly income is $4,027/mo, and annual cash flow is $5,643/yr on $189,175 invested. Return on cash invested sits at 23.04% in year one, and rental yield is 8.4% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 119.63% and total cumulative return in cash sums $226,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,027/mo property income rather than buyer’s personal income.
Condo
Built in 1970
1,195 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94597, Walnut Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,435 (100%) |
| Owner Occupied HU | 5,364 (43.1%) |
| Renter Occupied HU | 6,338 (51.0%) |
| Vacant Housing Units | 733 ( 5.9%) |
| Median Home Value | $1,057,085 |
| Average Home Value | $1,144,515 |
Housing Distribution
Address Breakdown
Residential
11,123
Single Family
6,104
Multi-Family
5,019
Businesses
635
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Listed by: Sabine Larsen • Redfin
Mls Name: CCAR
Mls ID: #41121984