1502 S Delaware StSan 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 1502 S Delaware St, San Mateo, CA, 94402 earns from $7,638/mo rent with a $9,784/mo payment. Total monthly income totals $7,638/mo. ROI tracks 11.61% on current figures, and rental yield reads 4.59% at a $1,999,000 purchase. Equity gained on principal adds $12,899/yr, and 5% annual appreciation supports $552,287 over five years. Five-year ROI reaches 58.23% and total cumulative return in cash sums $377,141. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,638/mo property income instead of your personal income.
Single Family
Built in 1946
5,000 sqft 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: Dana Carmel • Represent Realty
Mls Name: MLSListings Inc
Mls ID: #ML82031497