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Concord, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,645
Monthly Cash Flow
-$1,672
Principal + Equity
$3,369
Annual Total Gain
$20,361
Cash on Cash
-11.21%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$228
Occupancy Rate
65%
Monthly Revenue
$2,801
Monthly Cash Flow
-$1,936
Principal + Equity
$3,369
Annual Total Gain
$17,187
Cash on Cash %
-12.99%
Net ROI %
Market Health & Growth
Median Income
$109,195
Population
124,260
LTR Renter %
38.63%
Forecast (1 yr)
-2.08%
Appreciation (1 yr)
-5.63%
Appreciation (5 yr)
18.83%
Appreciation (10 yr)
58.7%
Job Growth
-1.58%
LTR Rentability
Low
STR Demand
78
STR Rentals
202
Top Public Schools
ANorthgate High School
A-Gale Ranch Middle School
A-
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Suburbs in California
#48out of 526 markets
Most Diverse Places to Live in California
#192out of 1762 markets
Best Suburbs for Young Professionals in California
#198out of 526 markets
C
Public School
C-
Crime And Safety
D-
Housing
B
Nightlife
C
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Concord, CA.
In Concord, CA, short term rentals (STRs) are regulated by the city's Municipal Code. Investors looking to purchase a property for short term rental purposes should be aware of the following regulations:
1. Permit Requirement: In Concord, STRs are required to obtain a permit from the city before operating. The permit application process typically involves submitting an application, paying a fee, and meeting certain requirements set by the city.
2. Zoning Restrictions: The city of Concord has specific zoning regulations that dictate where STRs are allowed to operate. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. Occupancy Limits: Concord has occupancy limits for STRs, which specify the maximum number of guests allowed to stay in a rental property at any given time. Investors should be aware of these limits and ensure they are in compliance with them.
4. Noise and Nuisance Regulations: Concord has noise and nuisance regulations that apply to all rental properties, including STRs. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of their neighbors.
5. Taxation: Investors should be aware of the tax implications of operating an STR in Concord. This may include occupancy taxes, transient occupancy taxes, and other local taxes that apply to short term rentals.
6. Insurance Requirements: Investors should also consider obtaining the appropriate insurance coverage for their STR property. This may include liability insurance, property insurance, and coverage for short term rental activities.
By being aware of and complying with these regulations, investors can ensure that they are operating their short term rental property legally and responsibly in Concord, CA.
Market Trends Over Time
Explore 25 years of market data for Concord, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Concord, CA.
The LTR Genie Score of Concord, CA is 37 and STR Genie Score is 48, indicating a low rentability for long-term rentals and moderate rentability for short-term rentals. The low LTR Genie Score can be attributed to the minimal rent growth rate of 0.0435% and the negative 1-year price appreciation forecast of -2.08%. On the other hand, the moderate STR Genie Score is influenced by the decent net ROI of 9.6% and the 65.0% occupancy rate.
Concord, CA is a city located in the East Bay region of the San Francisco Bay Area, known for its diverse community and convenient access to major highways and public transportation. The real estate market in Concord offers a mix of housing options, from single-family homes to apartments, making it an attractive location for both long-term and short-term rental investments.
Based on the metrics provided, Concord, CA may be more attractive for short-term rental investments due to the higher STR Genie Score and potential for higher net ROI. However, investors should carefully consider the forecasted price appreciation and rent growth rate for long-term rental investments. It may be beneficial to diversify investment strategies and consider a combination of both long-term and short-term rental properties in Concord to maximize returns.
