177 N El Camino Real APT 2San MateoCA94401
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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 San Mateo at 177 N El Camino Real APT 2, San Mateo, CA, 94401 uses $165,419 cash to close to unlock $2,249/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $3,274/mo, and a $2,442/mo payment keeps the spread at $187/mo. Purchase price stands at $499,000, and rental yield measures 7.87% with $3,274/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 110.14% and total cumulative return in cash records $182,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,274/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Denise Cronan • Cronan Real Estate Services, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82014432