1123 Fay StRedwood CityCA94061
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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 Redwood City at 1123 Fay St, Redwood City, CA, 94061 listed at $1,228,000 pairs $5,100/mo rent with a $6,010/mo payment. Total monthly income runs $5,100/mo. Return on cash invested measures 12.84% in year one, and rental yield registers 4.98% at a $1,228,000 basis. Equity gained on principal adds $7,924/yr, and annual property appreciation at 5% supports $339,274 by year five. Five-year ROI tracks 64.83% and total cumulative return in cash totals $257,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,100/mo property income relative to a $6,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94061, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,257 (100%) |
| Owner Occupied HU | 6,693 (46.9%) |
| Renter Occupied HU | 6,771 (47.5%) |
| Vacant Housing Units | 793 ( 5.6%) |
| Median Home Value | $1,845,411 |
| Average Home Value | $1,757,510 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
10,108
Multi-Family
4,019
Businesses
462
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Listed by: Craig Smith • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82023028