Residence 4 Plan, Penny LaneConcordCA94519
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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 Residence 4 Plan, Penny Lane, Concord, CA, 94519 offers $5,543/mo rent that, after a $4,059/mo payment, leaves $95/mo cash flow. Total monthly income is $5,543/mo, and annual cash flow is $1,137/yr on $272,859 cash. Return on cash invested measures 20.48% in year one, and rental yield stands at 8.02% at a $829,360 entry. Equity gained on principal adds $5,352/yr while 5% annual appreciation compounds into $229,137 by year five. Five-year ROI records 106.36% and total cumulative return in cash reaches $290,205. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,543/mo property income versus a $4,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$318 monthly 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: N/A • Trumark Homes
Mls Name: Trumark Homes
Mls Provider:
Mls ID: #N/A