1591 Ellis St APT 320ConcordCA94520
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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
Investment property for sale in Concord at 1591 Ellis St APT 320, Concord, CA, 94520 listed at $256,999 pairs $2,162/mo rent with a $1,258/mo payment to leave $572/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $6,865/yr on $85,195 cash to close. Return on cash invested measures 27.97% in year one, and rental yield registers 10.09% at a $256,999 basis. Equity gained on principal adds $1,658/yr, and annual property appreciation at 5% supports $71,004 by year five. Five-year ROI tracks 146.11% and total cumulative return in cash totals $124,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,258/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
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
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Listed by: Joseph Ho • Help U Sell Alpha Paladins Realty
Mls Name: MLSListings Inc
Mls ID: #ML82009638