153 California Ave #F215Palo AltoCA94306
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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 Palo Alto at 153 California Ave #F215, Palo Alto, CA, 94306 earns from $4,824/mo rent with a $4,889/mo payment. Total monthly income totals $4,824/mo. ROI tracks 15.11% on current figures, and rental yield reads 5.8% at a $998,888 purchase. Equity gained on principal adds $6,446/yr, and 5% annual appreciation supports $275,974 over five years. Five-year ROI reaches 77.08% and total cumulative return in cash sums $253,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,824/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
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Listed by: Holly Noto • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82027537