10 Colegrove CtSan MateoCA94403
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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 San Mateo at 10 Colegrove Ct, San Mateo, CA, 94403 priced at $1,575,000 converts $5,231/mo rent into after a $7,709/mo obligation. Total monthly income equals $5,231/mo. Return on cash invested prints 9.76% in year one, and rental yield reads 3.99% against a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation compiles into $435,143 by year five. Five-year ROI reaches 48.31% and total cumulative return in cash sums $246,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,231/mo property income covering a $7,709/mo payment, not borrower’s personal income.
Single Family
Built in 1947
4,770 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
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Listed by: Heidi Tang • Valley Vine Realty
Mls Name: MLSListings Inc
Mls ID: #ML82032272