101 2nd St APT 5Los AltosCA94022
Nearby investment properties with comparable rents
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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 Los Altos at 101 2nd St APT 5, Los Altos, CA, 94022 priced at $1,275,000 converts $3,451/mo rent into after a $6,240/mo obligation. Total monthly income equals $3,451/mo. Return on cash invested prints 4.8% in year one, and rental yield reads 3.25% against a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation compiles into $352,259 by year five. Five-year ROI reaches 22.68% and total cumulative return in cash sums $93,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,451/mo property income covering a $6,240/mo payment, not borrower’s personal income.
Condo
Built in 1973
909 sqft lot
$N/A/sqft
$700 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: Grail Nitsch • Legacy Real Estate & Associates
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82001278
Disclaimer: Based on information from the MLSListings MLS as of 2025-06-15 10:24:51 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.