1455 Grove WayConcordCA94518
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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 1455 Grove Way, Concord, CA, 94518 offers $4,673/mo rent that, after a $5,383/mo payment. Total monthly income is $4,673/mo. Return on cash invested measures 13.2% in year one, and rental yield stands at 5.1% at a $1,099,888 entry. Equity gained on principal adds $7,097/yr while 5% annual appreciation compounds into $303,879 by year five. Five-year ROI records 66.74% and total cumulative return in cash reaches $237,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,673/mo property income versus a $5,383/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.54 Acres lot
$N/A/sqft
No 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: Hilda Munoz • Compass
Mls Name: CCAR
Mls ID: #41119094