1388 Broadway UNIT 201MillbraeCA94030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1388 Broadway UNIT 201, Millbrae, CA, 94030 listed at $998,000 pairs $5,302/mo rent with a $4,885/mo payment. Total monthly income runs $5,302/mo. Return on cash invested measures 16.87% in year one, and rental yield registers 6.38% at a $998,000 basis. Equity gained on principal adds $6,440/yr, and annual property appreciation at 5% supports $275,729 by year five. Five-year ROI tracks 86.52% and total cumulative return in cash totals $284,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,302/mo property income relative to a $4,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Joh • Perisson Real Estate, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82023598