1523 Ursula WayEast Palo AltoCA94303
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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 East Palo Alto at 1523 Ursula Way, East Palo Alto, CA, 94303 offers a 3.55% rental yield on a $1,259,000 purchase with $3,727/mo rent. 42% in year one. Equity gained on principal adds $8,124/yr while 5% annual appreciation supports $347,838 over five years. Portfolio math shows five-year ROI at 41.14% and total cumulative return in cash at $167,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,727/mo property income against a $6,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
6,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94303, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,452 (100%) |
| Owner Occupied HU | 7,276 (50.3%) |
| Renter Occupied HU | 6,372 (44.1%) |
| Vacant Housing Units | 804 ( 5.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,730,310 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
10,525
Multi-Family
3,654
Businesses
1,127
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Listed by: Omar Galindo • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82023029