1133 Meadow Ln APT 103ConcordCA94520
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 1133 Meadow Ln APT 103, Concord, CA, 94520 offers a 11.6% rental yield on a $299,999 purchase with $2,900/mo rent. Total monthly income registers $2,900/mo, and a $1,468/mo payment leaves $1,045/mo available for distribution. Annual cash flow reaches $12,534/yr on $99,450 to close, and return on cash invested stands at 32.51% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 170.44% and total cumulative return in cash at $169,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,900/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94520, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,403 (100%) |
| Owner Occupied HU | 5,182 (36.0%) |
| Renter Occupied HU | 8,554 (59.4%) |
| Vacant Housing Units | 667 ( 4.6%) |
| Median Home Value | $611,281 |
| Average Home Value | $673,614 |
Housing Distribution
Address Breakdown
Residential
13,774
Single Family
6,675
Multi-Family
7,099
Businesses
2,730
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Broad • EXP Realty of Northern Cal.Inc.
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls ID: #41112697