2045 Sierra Rd APT 2ConcordCA94518
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2045 Sierra Rd APT 2, Concord, CA, 94518 in Concord speaks for itself: 11.08% gross on a $419,000 price, generating $3,870/mo in rent and $696/mo in net income after the $1,884/mo debt service. DSCR 2.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,352 stacks alongside $115,762 in projected five-year appreciation and $3,859/yr in principal reduction. Projected total cumulative return: $241,125.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.0% |
| Monthly Cash Flow | $696 | $250 |
City averages based on Concord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,870 |
| Total Monthly Debt Service | $2,425 |
| DSCR Ratio | 1.60x |
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 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94518, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,769 (100%) |
| Owner Occupied HU | 6,871 (63.8%) |
| Renter Occupied HU | 3,501 (32.5%) |
| Vacant Housing Units | 397 ( 3.7%) |
| Median Home Value | $840,074 |
| Average Home Value | $875,255 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
8,209
Multi-Family
2,253
Businesses
492
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 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94518, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,769 (100%) |
| Owner Occupied HU | 6,871 (63.8%) |
| Renter Occupied HU | 3,501 (32.5%) |
| Vacant Housing Units | 397 ( 3.7%) |
| Median Home Value | $840,074 |
| Average Home Value | $875,255 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
8,209
Multi-Family
2,253
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CCAR
Mls ID: #41118930