128 Middlefield RdPalo AltoCA94301
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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
Rental property for sale in Palo Alto at 128 Middlefield Rd, Palo Alto, CA, 94301 priced at $1,998,000 converts $5,683/mo rent into after a $9,779/mo obligation. Total monthly income equals $5,683/mo. Return on cash invested prints 7.99% in year one, and rental yield reads 3.41% against a $1,998,000 entry. Equity gained on principal adds $12,893/yr, while 5% annual appreciation compiles into $552,011 by year five. Five-year ROI reaches 38.84% and total cumulative return in cash sums $251,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,683/mo property income covering a $9,779/mo payment, not borrower’s personal income.
Single Family
Built in 1924
4,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94301, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,204 (100%) |
| Owner Occupied HU | 3,604 (43.9%) |
| Renter Occupied HU | 3,600 (43.9%) |
| Vacant Housing Units | 1,000 (12.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,033,909 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
5,262
Multi-Family
2,555
Businesses
1,013
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Listed by: Greg Celotti • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82031251