1 W Edith Ave APT C217Los AltosCA94022
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Nearby investment properties with comparable prices
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 Los Altos at 1 W Edith Ave APT C217, Los Altos, CA, 94022 priced at $1,695,000 pairs $7,483/mo rent with after a $8,296/mo payment. Total monthly income equals $7,483/mo. Return on cash invested is 11.55% in year one, and rental yield stands at 5.3% on a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and 5% annual appreciation accumulates to $468,297 by year five. Five-year ROI measures 58.71% and total cumulative return in cash reaches $322,437. For financing, Ziffy Mortgage’s DSCR program evaluates $7,483/mo property income against a $8,296/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1997
1,227 sqft lot
$N/A/sqft
$1,036 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94022, Los Altos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,075 (100%) |
| Owner Occupied HU | 5,801 (71.8%) |
| Renter Occupied HU | 1,651 (20.4%) |
| Vacant Housing Units | 623 ( 7.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,076,062 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
6,704
Multi-Family
1,079
Businesses
925
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Listed by: RICH Bassin • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81977220
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-27 12:13:30 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.