149 W 3rd AveSan MateoCA94402
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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 149 W 3rd Ave, San Mateo, CA, 94402 projects strong ROI of 8.17%. Rental yield 3.47%. With 5% annual appreciation, the property builds $580,191 in value over five years. Equity growth combined delivers a projected five-year ROI of 39.8%, translating into $270,779 in total cumulative return on $680,400 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94402, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,423 (100%) |
| Owner Occupied HU | 6,188 (54.2%) |
| Renter Occupied HU | 4,581 (40.1%) |
| Vacant Housing Units | 654 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,853,864 |
Housing Distribution
Address Breakdown
Residential
10,477
Single Family
7,593
Multi-Family
2,884
Businesses
1,266
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Listed by: Cheryl A. Bower • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82022813