31 Massolo Dr APT HPleasant HillCA94523
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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 Pleasant Hill at 31 Massolo Dr APT H, Pleasant Hill, CA, 94523 generates $4,414/mo in rent and, after a $2,423/mo payment, leaves $816/mo in cash flow. Total monthly income is $4,414/mo, and annual cash flow is $9,792/yr on $164,093 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 10.7% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash sums $223,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,414/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94523, Pleasant Hill, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,699 (100%) |
| Owner Occupied HU | 8,677 (59.0%) |
| Renter Occupied HU | 5,268 (35.8%) |
| Vacant Housing Units | 754 ( 5.1%) |
| Median Home Value | $968,587 |
| Average Home Value | $1,069,300 |
Housing Distribution
Address Breakdown
Residential
14,608
Single Family
10,988
Multi-Family
3,620
Businesses
1,349
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Listed by: Denisen Hartlove • Dudum Real Estate Group
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41066194
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 2024-08-15 02:23:51 PDT.