2724 Oak Rd APT 90Walnut 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
Investment property for sale in Walnut Creek at 2724 Oak Rd APT 90, Walnut Creek, CA, 94597 uses $132,231 cash to close to unlock $5,068/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $3,630/mo, and a $1,952/mo payment keeps the spread at $422/mo. Purchase price stands at $398,888, and rental yield measures 10.92% with $3,630/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $110,205 over five years. Five-year ROI reaches 125.85% and total cumulative return in cash records $166,419. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,630/mo property income covering a $1,952/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$528 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
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Listed by: Russ Darby • RE/MAX Accord
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41071428
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 2024-09-03 12:48:24 PDT.