7 Lancaster Cir APT 235Bay PointCA94565
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 7 Lancaster Cir APT 235, Bay Point, CA, 94565 in Bay Point. Priced at $285,000, it generates $2,596/mo in gross rent and $833/mo in net monthly cash flow, a 10.93% yield that comfortably supports the 2.02 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,990. Five-year appreciation: $78,740. Equity from principal paydown: $2,625/yr. Total projected cumulative return: $161,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.0% |
| Monthly Cash Flow | $833 | $1,200 |
City averages based on Bay Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,596 |
| Total Monthly Debt Service | $1,650 |
| DSCR Ratio | 1.57x |
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
1,064 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
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
1,064 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: Lan Anh Nguyen • KW Silicon City
Mls Name: MLSListings Inc
Mls ID: #ML82019323