2724 Oak Rd APT 121Walnut CreekCA94597
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2724 Oak Rd APT 121, Walnut Creek, CA, 94597 in Walnut Creek is a top-tier cash-flow asset. At $578,888 it produces $5,452/mo in rent and $997/mo in net monthly income, a 11.3% gross rental yield. The DSCR of 2.09 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $11,967. Five-year appreciation adds $159,936, driving a total cumulative return of $287,544.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $997 | $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 | $5,452 |
| Total Monthly Debt Service | $4,224 |
| DSCR Ratio | 1.29x |
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 1972
N/A lot
$N/A/sqft
$646 monthly 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
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 1972
N/A lot
$N/A/sqft
$646 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices