3188 Fitzpatrick DrConcordCA94519
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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 3188 Fitzpatrick Dr, Concord, CA, 94519 generates $4,296/mo in rent and, after a $3,123/mo payment, leaves $349/mo in cash flow. Total monthly income is $4,296/mo, and annual cash flow is $4,187/yr on $209,902 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 8.08% on a $638,000 entry. Equity gained on principal adds $4,117/yr, while 5% annual appreciation builds toward $176,268 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash sums $239,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,296/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,227 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: Veronica Hidalgo • Dudum Real Estate Group
Mls Name: CCAR
Mls ID: #41113381