2398 Walters Way #6ConcordCA94520
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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 2398 Walters Way #6, Concord, CA, 94520 earns $289/mo cash flow from $2,330/mo rent with a $1,615/mo payment. Total monthly income totals $2,330/mo, and annual cash flow totals $3,467/yr on $109,362 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.48% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 119.84% and total cumulative return in cash sums $131,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.
Condo
Built in 1980
723.10 sqft 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: Lizbeth Alarcon • eXp Realty of Northern Califor
Mls Name: BAREIS
Mls ID: #325085363