3838 Terra Granada Dr APT 1BWalnut 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 3838 Terra Granada Dr APT 1B, Walnut Creek, CA, 94595 generates $5,054/mo in rent, after a $4,870/mo payment. Total monthly income is $5,054/mo. Return on cash invested sits at 16.02% in year one, and rental yield is 6.1% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 81.96% and total cumulative return in cash sums $268,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,054/mo property income rather than buyer’s personal income.
Condo
Built in 1979
1,724 sqft 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: Yeimalis Acevedo-Rasmussen • La Rosa Realty California
Mls Name: Bay East AOR
Mls ID: #41105437