1370 Del Rio Ct APT 2ConcordCA94518
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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
Rental property for sale in Concord at 1370 Del Rio Ct APT 2, Concord, CA, 94518 generates $2,784/mo in rent and, after a $1,542/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,784/mo, and annual cash flow is $3,652/yr on $104,423 invested. Return on cash invested sits at 23.41% in year one, and rental yield is 10.61% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash sums $129,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,784/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$525 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
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Listed by: Ron Melvin • Keller Williams Realty
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41072561
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 2025-01-08 04:44:41 PST.