115 Lexington AveRedwood CityCA94062
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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 115 Lexington Ave, Redwood City, CA, 94062 earns from $4,805/mo rent with a $5,776/mo payment. Total monthly income totals $4,805/mo. ROI tracks 12.54% on current figures, and rental yield reads 4.89% at a $1,180,000 purchase. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $326,012 over five years. Five-year ROI reaches 63.21% and total cumulative return in cash sums $241,664. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,805/mo property income instead of your personal income.
Single Family
Built in 1928
5,555 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94062, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,468 (100%) |
| Owner Occupied HU | 7,167 (68.5%) |
| Renter Occupied HU | 2,645 (25.3%) |
| Vacant Housing Units | 656 ( 6.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,916,222 |
Housing Distribution
Address Breakdown
Residential
10,312
Single Family
9,246
Multi-Family
1,066
Businesses
563
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Listed by: Timothy A. Graffigna • Golden Gate Sotheby's Internat
Mls Name: SFAR
Mls Provider:
Mls ID: #424069099
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.