1048 Shoreline DriveSan MateoCA94404
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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 San Mateo at 1048 Shoreline Drive, San Mateo, CA, 94404 generates $4,438/mo in rent, after a $4,797/mo payment. Total monthly income is $4,438/mo. Return on cash invested sits at 14.01% in year one, and rental yield is 5.43% on a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 71.19% and total cumulative return in cash sums $229,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,438/mo property income rather than buyer’s personal income.
Condo
Built in 1979
1,489 sqft 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
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Listed by: Lisa L Moore • KW Vaca Valley
Mls Name: BAREIS
Mls ID: #425088192