1060 Oak Grove Rd APT 7ConcordCA94518
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 Concord at 1060 Oak Grove Rd APT 7, Concord, CA, 94518 earns from $2,236/mo rent with a $1,419/mo payment. Total monthly income totals $2,236/mo. ROI tracks 19.23% on current figures, and rental yield reads 9.25% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 101.45% and total cumulative return in cash sums $97,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,236/mo property income instead of your personal income.
Condo
Built in 1973
701.32 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94518, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,769 (100%) |
| Owner Occupied HU | 6,871 (63.8%) |
| Renter Occupied HU | 3,501 (32.5%) |
| Vacant Housing Units | 397 ( 3.7%) |
| Median Home Value | $840,074 |
| Average Home Value | $875,255 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
8,209
Multi-Family
2,253
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Jiang • Golden River Realty
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224111319
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.