119 Lotus WayEast Palo AltoCA94303
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 119 Lotus Way, East Palo Alto, CA, 94303 in East Palo Alto. Rental yield 1.98%. At $1,800,000 with 1.98% gross yield, current distributions are modest, but the 5% appreciation rate projects $497,307 in new equity by year five, complemented by $16,578/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.37) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $157,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 6.0% |
| Monthly Cash Flow | $(8,158) | $1,500 |
City averages based on East Palo Alto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,977 |
| Total Monthly Debt Service | $10,419 |
| DSCR Ratio | 0.29x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1954
0.27 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SFAR
Mls ID: #426117246