1031 Newbridge StEast Palo AltoCA94303
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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 East Palo Alto at 1031 Newbridge St, East Palo Alto, CA, 94303 offers $4,093/mo rent that, after a $5,237/mo payment. Total monthly income is $4,093/mo. Return on cash invested measures 11.63% in year one, and rental yield stands at 4.59% at a $1,070,000 entry. Equity gained on principal adds $6,905/yr while 5% annual appreciation compounds into $295,621 by year five. Five-year ROI records 58.32% and total cumulative return in cash reaches $202,185. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,093/mo property income versus a $5,237/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94303, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,452 (100%) |
| Owner Occupied HU | 7,276 (50.3%) |
| Renter Occupied HU | 6,372 (44.1%) |
| Vacant Housing Units | 804 ( 5.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,730,310 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
10,525
Multi-Family
3,654
Businesses
1,127
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Listed by: Lisa A. Knudsen • Town Realty
Mls Name: SFAR
Mls Provider:
Mls ID: #425018307
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.