1271 Fernside StRedwood 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 1271 Fernside St, Redwood City, CA, 94061 earns from $5,150/mo rent with a $7,332/mo payment. Total monthly income totals $5,150/mo. ROI tracks 10.19% on current figures, and rental yield reads 4.13% at a $1,498,000 purchase. Equity gained on principal adds $9,666/yr, and 5% annual appreciation supports $413,870 over five years. Five-year ROI reaches 50.63% and total cumulative return in cash sums $245,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,150/mo property income instead of your personal income.
Single Family
Built in 1951
6,231 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: Mary Molinari • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82029274