1700 Laguna St APT BConcordCA94520
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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 1700 Laguna St APT B, Concord, CA, 94520 priced at $295,000 converts $2,665/mo rent into $840/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,665/mo, and annual cash flow totals $10,079/yr on $97,793 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 10.84% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 158.1% and total cumulative return in cash sums $154,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,665/mo property income covering a $1,444/mo payment, not borrower’s personal income.
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: Carrie Schwabacher • Connect California Homes
Mls Name: CCAR
Mls ID: #41110019