1640 Allegro AveConcordCA94521
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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 1640 Allegro Ave, Concord, CA, 94521 earns from $3,410/mo rent with a $3,157/mo payment. Total monthly income totals $3,410/mo. ROI tracks 16.78% on current figures, and rental yield reads 6.34% at a $645,000 purchase. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 over five years. Five-year ROI reaches 86.02% and total cumulative return in cash sums $182,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,410/mo property income instead of your personal income.
Single Family
Built in 1985
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94521, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,254 (100%) |
| Owner Occupied HU | 11,203 (68.9%) |
| Renter Occupied HU | 4,563 (28.1%) |
| Vacant Housing Units | 488 ( 3.0%) |
| Median Home Value | $850,525 |
| Average Home Value | $898,586 |
Housing Distribution
Address Breakdown
Residential
16,123
Single Family
11,806
Multi-Family
4,317
Businesses
505
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Listed by: Russ Burch • Compass
Mls Name: CCAR
Mls ID: #41118594