1023 Springfield DrSan CarlosCA94070
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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
Investment property for sale in San Carlos at 1023 Springfield Dr, San Carlos, CA, 94070 earns from $4,219/mo rent with a $7,180/mo payment. Total monthly income totals $4,219/mo. ROI tracks 8.11% on current figures, and rental yield reads 3.45% at a $1,467,000 purchase. Equity gained on principal adds $9,466/yr, and 5% annual appreciation supports $405,305 over five years. Five-year ROI reaches 39.47% and total cumulative return in cash sums $187,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,219/mo property income instead of your personal income.
Single Family
Built in 1948
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94070, San Carlos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,540 (67.9%) |
| Renter Occupied HU | 3,549 (28.2%) |
| Vacant Housing Units | 497 ( 3.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,849,212 |
Housing Distribution
Address Breakdown
Residential
12,507
Single Family
9,424
Multi-Family
3,083
Businesses
2,179
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Listed by: Rena Provencio • A. Meadows Real Estate
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82011127
Disclaimer: Based on information from the MLSListings MLS as of 2025-10-27 04:00:10 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.