1550 Frontera WayMillbraeCA94030
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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 Millbrae at 1550 Frontera Way, Millbrae, CA, 94030 offers a 8.45% rental yield on a $549,000 purchase with $3,864/mo rent. Total monthly income registers $3,864/mo, and a $2,687/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,614/yr on $180,621 to close, and return on cash invested stands at 23.17% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 120.28% and total cumulative return in cash at $217,244. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,864/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
735 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94030, Millbrae, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,045
Single Family
5,999
Multi-Family
3,046
Businesses
787
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Listed by: Jean Joh • Perisson Real Estate, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82032184