611 Waterford PlPinoleCA94564
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.67, 611 Waterford Pl, Pinole, CA, 94564 in Pinole sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.01%. The 9.01% yield is backed by 5% annual appreciation projecting $88,410 in value gain, plus $2,947/yr in principal reduction. Total projected cumulative return: $108,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.0% |
| Monthly Cash Flow | $(246) | $300 |
City averages based on Pinole market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,404 |
| Total Monthly Debt Service | $2,522 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1991
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94564, Pinole, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,517 (68.1%) |
| Renter Occupied HU | 1,845 (27.8%) |
| Vacant Housing Units | 270 ( 4.1%) |
| Median Home Value | $747,549 |
| Average Home Value | $877,608 |
Housing Distribution
Address Breakdown
Residential
6,956
Single Family
6,158
Multi-Family
798
Businesses
682
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 1991
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94564, Pinole, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,632 (100%) |
| Owner Occupied HU | 4,517 (68.1%) |
| Renter Occupied HU | 1,845 (27.8%) |
| Vacant Housing Units | 270 ( 4.1%) |
| Median Home Value | $747,549 |
| Average Home Value | $877,608 |
Housing Distribution
Address Breakdown
Residential
6,956
Single Family
6,158
Multi-Family
798
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katrena Prior • Realty ONE Group Future
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41081595
Disclaimer: Bay East 2025. CCAR 2025. bridgeMLS 2025. 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 2025-02-12 11:21:44 PST.