1028 Foster Square Ln UNIT 305Foster CityCA94404
Nearby investment properties with comparable rents
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
Investment property for sale in Foster City at 1028 Foster Square Ln UNIT 305, Foster City, CA, 94404 offers a 4.84% rental yield on a $1,498,000 purchase with $6,044/mo rent. 4% in year one. Equity gained on principal adds $9,666/yr while 5% annual appreciation supports $413,870 over five years. Portfolio math shows five-year ROI at 62.49% and total cumulative return in cash at $303,283. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,044/mo property income against a $7,332/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94404, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 7,887 (50.1%) |
| Renter Occupied HU | 7,029 (44.6%) |
| Vacant Housing Units | 828 ( 5.3%) |
| Median Home Value | $1,706,614 |
| Average Home Value | $1,659,800 |
Housing Distribution
Address Breakdown
Residential
15,397
Single Family
10,037
Multi-Family
5,360
Businesses
793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Su-Lan Wang • Keller Williams Thrive
Mls Name: MLSListings Inc
Mls ID: #ML82022798