








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Millbrae at 1550 Frontera Way APT 118, Millbrae, CA, 94030 generates $2,640/mo in rent, after a $2,741/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 10.27% in year one, and rental yield is 5.66% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 52.71% and total cumulative return in cash sums $97,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$527 monthly HOA
Neighborhood data shown for ZIP Code: 94030, Millbrae, CA area.
| 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 |
Residential
9,045
Single Family
5,999
Multi-Family
3,046
Businesses
787
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listed for sale | $560,000 |
| 2013-09-04 | Sold | $560,000 |
| 2011-11-14 | Sold | $432,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-19 | $6022.30 | -0.07% | $416,022 | 2.00% |
| 2023-07-19 | $6026.72 | 28.66% | $407,865 | 2.00% |
| 2022-07-19 | $4684.14 | 1.12% | $399,868 | 2.00% |



Listed by: Disen Cai RE Group • KW Advisors
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82015235
Disclaimer: Based on information from the MLSListings MLS as of 2025-07-19 12:04:26 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.