2947 Concord BlvdConcordCA94519
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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 2947 Concord Blvd, Concord, CA, 94519 listed at $679,000 pairs $3,276/mo rent with a $3,323/mo payment. Total monthly income runs $3,276/mo. Return on cash invested measures 15.1% in year one, and rental yield registers 5.79% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 76.99% and total cumulative return in cash totals $171,983. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,276/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94519, Concord, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,143 (100%) |
| Owner Occupied HU | 4,647 (65.1%) |
| Renter Occupied HU | 2,128 (29.8%) |
| Vacant Housing Units | 368 ( 5.2%) |
| Median Home Value | $722,984 |
| Average Home Value | $766,326 |
Housing Distribution
Address Breakdown
Residential
6,975
Single Family
6,194
Multi-Family
781
Businesses
359
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Listed by: Alex Khodadad • Delphi Realty Group
Mls Name: CCAR
Mls ID: #41119368