108 Lotus WayEast 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 108 Lotus Way, East Palo Alto, CA, 94303 offers $4,373/mo rent that, after a $3,181/mo payment, leaves $62/mo cash flow. Total monthly income is $4,373/mo, and annual cash flow is $745/yr on $213,850 cash. Return on cash invested measures 20.41% in year one, and rental yield stands at 8.07% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 106.08% and total cumulative return in cash reaches $226,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,373/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
6,148 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: Lyzette Abaya • Redfin
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81980431
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-17 22:06:36 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.