1385 Terrace DrMillbraeCA94030
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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 Millbrae at 1385 Terrace Dr, Millbrae, CA, 94030 listed at $1,898,000 pairs $6,146/mo rent with a $9,290/mo payment. Total monthly income runs $6,146/mo. Return on cash invested measures 9.45% in year one, and rental yield registers 3.89% at a $1,898,000 basis. Equity gained on principal adds $12,247/yr, and annual property appreciation at 5% supports $524,382 by year five. Five-year ROI tracks 46.66% and total cumulative return in cash totals $286,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,146/mo property income relative to a $9,290/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94030, Millbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 5,259 (57.7%) |
| Renter Occupied HU | 3,427 (37.6%) |
| Vacant Housing Units | 432 ( 4.7%) |
| Median Home Value | $1,855,489 |
| Average Home Value | $1,738,692 |
Housing Distribution
Address Breakdown
Residential
9,045
Single Family
5,999
Multi-Family
3,046
Businesses
787
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Listed by: Jeff LaMont • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82020159