2940 Tice Creek Dr APT 6Walnut 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
Rental property for sale in Walnut Creek at 2940 Tice Creek Dr APT 6, Walnut Creek, CA, 94595 generates $2,129/mo in rent and, after a $1,561/mo payment, leaves $156/mo in cash flow. Total monthly income is $2,129/mo, and annual cash flow is $1,871/yr on $105,749 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.01% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash sums $118,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,129/mo property income rather than buyer’s personal income.
Condo
Built in 1966
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
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Listed by: Drew Plaisted • Rossmoor Realty / J.h. Russell
Mls Name: CCAR
Mls ID: #41114514