16 Barneson AveSan MateoCA94402
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.38% gross rental yield, 16 Barneson Ave, San Mateo, CA, 94402 in San Mateo is priced for capital growth, not immediate cash flow. The $1,850,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $511,121 by year five, with $17,039/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.81) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $349,456.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 5.0% |
| Monthly Cash Flow | $(5,527) | $300 |
City averages based on San Mateo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,749 |
| Total Monthly Debt Service | $11,539 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2016
1,123 sqft lot
$N/A/sqft
$350 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2016
1,123 sqft lot
$N/A/sqft
$350 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jade Kwan • JODI Group
Mls Name: SFAR
Mls Provider:
Mls ID: #425042032
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.