1300 2nd AveSan MateoCA94401
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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 San Mateo at 1300 2nd Ave, San Mateo, CA, 94401 listed at $1,398,888 pairs $6,414/mo rent with a $6,847/mo payment. Total monthly income runs $6,414/mo. Return on cash invested measures 14.44% in year one, and rental yield registers 5.5% at a $1,398,888 basis. Equity gained on principal adds $9,027/yr, and annual property appreciation at 5% supports $386,487 by year five. Five-year ROI tracks 73.41% and total cumulative return in cash totals $332,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,414/mo property income relative to a $6,847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
4,556 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Rosa Baltodano • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82029240