2955 Parrin CtConcordCA94518
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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
Total monthly income runs $4,003/mo, and a $5,864/mo payment. Purchase price stands at $1,198,000, and rental yield measures 4.01% with $4,003/mo rent. Return on cash invested shows 9.83% in year one, and 5% annual appreciation builds toward $330,985 over five years. Five-year ROI reaches 48.71% and total cumulative return in cash records $189,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,003/mo property income covering a $5,864/mo payment rather than investor’s personal income.
Single Family
Built in 1967
8,712 sqft 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
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Listed by: Ivana Kostic • Exp Realty Of California Inc.
Mls Name: CCAR
Mls ID: #41105348