3 Lancaster Cir APT 211Bay PointCA94565
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3 Lancaster Cir APT 211, Bay Point, CA, 94565 in Bay Point is a solid income-producing rental, 11.73% gross yield, $2,825/mo rent, $397/mo net cash flow on a $289,000 buy. DSCR 2.17 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $79,845 and $2,662/yr in principal reduction project a total cumulative return of $176,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 5.0% |
| Monthly Cash Flow | $397 | $1,200 |
City averages based on Bay Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,825 |
| Total Monthly Debt Service | $1,673 |
| DSCR Ratio | 1.69x |
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 1989
853.78 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94565, Pittsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,781 (100%) |
| Owner Occupied HU | 17,563 (55.3%) |
| Renter Occupied HU | 13,096 (41.2%) |
| Vacant Housing Units | 1,122 ( 3.5%) |
| Median Home Value | $597,549 |
| Average Home Value | $644,907 |
Housing Distribution
Address Breakdown
Residential
31,108
Single Family
27,251
Multi-Family
3,857
Businesses
1,353
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 1989
853.78 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94565, Pittsburg, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,781 (100%) |
| Owner Occupied HU | 17,563 (55.3%) |
| Renter Occupied HU | 13,096 (41.2%) |
| Vacant Housing Units | 1,122 ( 3.5%) |
| Median Home Value | $597,549 |
| Average Home Value | $644,907 |
Housing Distribution
Address Breakdown
Residential
31,108
Single Family
27,251
Multi-Family
3,857
Businesses
1,353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alberto Rios, CCIM • Rios Real Estate & Investments
Mls Name: SFAR
Mls ID: #426095389