1 Baldwin Ave APT 506San MateoCA94401
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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 $5,261/mo, and a $1,023/mo payment. Purchase price stands at $209,000, and rental yield measures 30.21% with $5,261/mo rent. Return on cash invested shows -9.86% in year one, and 5% annual appreciation builds toward $57,743 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,261/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$5,543 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Lou McGee • Bay Area Senior Services
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81961212
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 00:17:44 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.