1600 Laguna St APT DConcordCA94520
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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 1600 Laguna St APT D, Concord, CA, 94520 with 5% annual appreciation on a $235,000 basis while $2,220/mo rent supports operations. Total monthly income totals $2,220/mo and a $1,150/mo payment preserves $766/mo for cash returns. Annual cash flow comes to $9,197/yr on $77,903 deployed, and return on cash invested reaches 31.72% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.34%. Five-year ROI measures 166.18% and total cumulative return in cash totals $129,460.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,220/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1970
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: Alyssa Alvarez • Luxe Realty Group
Mls Name: CCAR
Mls ID: #41119426