1731 Ellis St APT 34ConcordCA94520
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1731 Ellis St APT 34, Concord, CA, 94520 in Concord at $342,000 earns $2,959/mo in rent and nets $90/mo after the $1,538/mo payment, a 10.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $94,488 over five years. Ziffy Mortgage underwrites this on a 1.92 DSCR without U.S. credit history. With $3,150/yr in principal paydown, total projected return reaches $138,812.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $90 | $250 |
City averages based on Concord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,959 |
| Total Monthly Debt Service | $2,733 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1969
N/A lot
$N/A/sqft
$551 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1969
N/A lot
$N/A/sqft
$551 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Kendig • Keller Williams Realty
Mls Name: Bay East AOR
Mls Provider:
Mls ID: #41074868
Disclaimer: Bay East 2025, CCAR 2025, bridgeMLS 2025. Information Deemed Reliable but not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used or any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-09-05 20:46:22 PDT.