118 Alexander AveRedwood 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 118 Alexander Ave, Redwood City, CA, 94061 earns from $4,538/mo rent with a $6,754/mo payment. Total monthly income totals $4,538/mo. ROI tracks 9.64% on current figures, and rental yield reads 3.95% at a $1,380,000 purchase. Equity gained on principal adds $8,905/yr, and 5% annual appreciation supports $381,269 over five years. Five-year ROI reaches 47.66% and total cumulative return in cash sums $213,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,538/mo property income instead of your personal income.
Single Family
Built in 1950
5,100 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: Daniel Gamba • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82030506