1131 Esther CtPalo 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 Palo Alto at 1131 Esther Ct, Palo Alto, CA, 94303 offers $5,938/mo rent that, after a $9,437/mo payment. Total monthly income is $5,938/mo. Return on cash invested measures 8.86% in year one, and rental yield stands at 3.7% at a $1,928,000 entry. Equity gained on principal adds $12,441/yr while 5% annual appreciation compounds into $532,671 by year five. Five-year ROI records 43.51% and total cumulative return in cash reaches $271,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,938/mo property income versus a $9,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2025
N/A 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: Natalie Viviani • Summerhill Brokerage, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82017290