1715 El Verano WayBelmontCA94002
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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 Belmont at 1715 El Verano Way, Belmont, CA, 94002 offers a 3.99% rental yield on a $1,888,888 purchase with $6,282/mo rent. 78% in year one. Equity gained on principal adds $12,189/yr while 5% annual appreciation supports $521,865 over five years. Portfolio math shows five-year ROI at 48.4% and total cumulative return in cash at $296,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,282/mo property income against a $9,245/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
7,012 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
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Listed by: Fadi Soudah • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82025882