6 Lancaster Cir APT 214Bay PointCA94565
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6 Lancaster Cir APT 214, Bay Point, CA, 94565 in Bay Point. Priced at $288,888, it generates $2,662/mo in gross rent and $875/mo in net monthly cash flow, a 11.06% yield that comfortably supports the 2.05 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,494. Five-year appreciation: $79,814. Equity from principal paydown: $2,661/yr. Total projected cumulative return: $165,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.0% |
| Monthly Cash Flow | $875 | $1,200 |
City averages based on Bay Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,662 |
| Total Monthly Debt Service | $1,672 |
| DSCR Ratio | 1.59x |
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
N/A 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
N/A 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: Jairo Aguilar • Jairo H. Aguilar, Broker
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41113116