121 N Spruce AveSouth San FranciscoCA94080
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 121 N Spruce Ave, South San Francisco, CA, 94080 in South San Francisco. Priced at $125,101, it generates $5,868/mo in gross rent and $4,032/mo in net monthly cash flow, a 56.29% yield that comfortably supports the 10.42 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $48,389. Five-year appreciation: $34,563. Equity from principal paydown: $1,152/yr. Total projected cumulative return: $311,524.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 56.3% | 6.0% |
| Monthly Cash Flow | $4,032 | $2,000 |
City averages based on South San Francisco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,868 |
| Total Monthly Debt Service | $1,786 |
| DSCR Ratio | 3.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1978
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94080, South San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,422 (100%) |
| Owner Occupied HU | 12,477 (53.3%) |
| Renter Occupied HU | 9,823 (41.9%) |
| Vacant Housing Units | 1,122 ( 4.8%) |
| Median Home Value | $1,212,776 |
| Average Home Value | $1,244,857 |
Housing Distribution
Address Breakdown
Residential
22,652
Single Family
16,667
Multi-Family
5,985
Businesses
2,464
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 1978
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94080, South San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,422 (100%) |
| Owner Occupied HU | 12,477 (53.3%) |
| Renter Occupied HU | 9,823 (41.9%) |
| Vacant Housing Units | 1,122 ( 4.8%) |
| Median Home Value | $1,212,776 |
| Average Home Value | $1,244,857 |
Housing Distribution
Address Breakdown
Residential
22,652
Single Family
16,667
Multi-Family
5,985
Businesses
2,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices