7 Lancaster Cir APT 137Bay PointCA94565
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
Investment Highlights
Investment property for sale in Bay Point at 7 Lancaster Cir APT 137, Bay Point, CA, 94565 uses $96,135 cash to close to unlock $9,197/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $2,560/mo, and a $1,419/mo payment keeps the spread at $766/mo. Purchase price stands at $290,000, and rental yield measures 10.59% with $2,560/mo rent. Return on cash invested shows 29.48% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 154.16% and total cumulative return in cash records $148,204. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,560/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1989
806 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Porter-Ester • Smart Start Realty & Invest
Mls Name: Bay East AOR
Mls ID: #41119421