3 Lancaster Cir APT 211Bay PointCA94565
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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 Bay Point at 3 Lancaster Cir APT 211, Bay Point, CA, 94565 earns $1,037/mo cash flow from $2,825/mo rent with a $1,415/mo payment. Total monthly income totals $2,825/mo, and annual cash flow totals $12,440/yr on $95,804 capital. ROI tracks 32.89% on current figures, and rental yield reads 11.73% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 172.48% and total cumulative return in cash sums $165,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,825/mo property income instead of your personal income.
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
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Listed by: Alberto Rios, CCIM • Rios Real Estate & Investments
Mls Name: SFAR
Mls ID: #426095389