1009 Miramontes StHalf Moon BayCA94019
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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 Half Moon Bay at 1009 Miramontes St, Half Moon Bay, CA, 94019 generates $3,980/mo in rent, after a $6,192/mo payment. Total monthly income is $3,980/mo. Return on cash invested sits at 9.11% in year one, and rental yield is 3.78% on a $1,265,000 entry. Equity gained on principal adds $8,163/yr, while 5% annual appreciation builds toward $349,496 over five years. Five-year ROI reaches 44.84% and total cumulative return in cash sums $183,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
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Listed by: Nate Serdy • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82028072