1648 Oak AveRedwood CityCA94061
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
Investment Highlights
Investment property for sale in Redwood City at 1648 Oak Ave, Redwood City, CA, 94061 listed at $1,500,000 pairs $4,537/mo rent with a $7,342/mo payment. Total monthly income runs $4,537/mo. Return on cash invested measures 8.66% in year one, and rental yield registers 3.63% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 42.42% and total cumulative return in cash totals $206,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,537/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1963
5,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94061, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,257 (100%) |
| Owner Occupied HU | 6,693 (46.9%) |
| Renter Occupied HU | 6,771 (47.5%) |
| Vacant Housing Units | 793 ( 5.6%) |
| Median Home Value | $1,845,411 |
| Average Home Value | $1,757,510 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
10,108
Multi-Family
4,019
Businesses
462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Lahl • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82010983
Disclaimer: Based on information from the MLSListings MLS as of 2025-10-25 04:03:42 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.