28 Adobe StConcordCA94520
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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 28 Adobe St, Concord, CA, 94520 generates $3,000/mo in rent and, after a $1,052/mo payment, leaves $1,670/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $20,043/yr on $71,273 invested. Return on cash invested sits at 48.03% in year one, and rental yield is 16.74% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 253.7% and total cumulative return in cash sums $180,817. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
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: Santiago Rodriguez • PCH Realty Plus
Mls Name: BAREIS
Mls Provider:
Mls ID: #324078559
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.