2830 Gillet AvenueConcordCA94520
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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 2830 Gillet Avenue, Concord, CA, 94520 generates $3,984/mo in rent, after a $3,179/mo payment. Total monthly income is $3,984/mo. Return on cash invested sits at 19.87% in year one, and rental yield is 7.36% on a $649,500 entry. Equity gained on principal adds $4,191/yr, while 5% annual appreciation builds toward $179,445 over five years. Five-year ROI reaches 102.61% and total cumulative return in cash sums $219,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
5,201 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: Dustin Reed • Twin Oaks Real Estate INC
Mls Name: BAREIS
Mls ID: #325087812