1334 Norman 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
Rental property for sale in Redwood City at 1334 Norman St, Redwood City, CA, 94061 offers $5,392/mo rent that, after a $8,311/mo payment. Total monthly income is $5,392/mo. Return on cash invested measures 9.22% in year one, and rental yield stands at 3.81% at a $1,698,000 entry. Equity gained on principal adds $10,957/yr while 5% annual appreciation compounds into $469,126 by year five. Five-year ROI records 45.41% and total cumulative return in cash reaches $249,831. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,392/mo property income versus a $8,311/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5,000 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: Amanda Phillips • Amanda M. Phillips, Broker
Mls Name: MLSListings Inc
Mls ID: #ML82020435