1838 Ogden Dr APT 413BurlingameCA94010
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
Rental property for sale in Burlingame at 1838 Ogden Dr APT 413, Burlingame, CA, 94010 generates $6,247/mo in rent, after a $7,821/mo payment. Total monthly income is $6,247/mo. Return on cash invested sits at 11.94% in year one, and rental yield is 4.69% on a $1,598,000 entry. Equity gained on principal adds $10,312/yr, while 5% annual appreciation builds toward $441,498 over five years. Five-year ROI reaches 59.99% and total cumulative return in cash sums $310,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,247/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94010, Burlingame, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 9,643 (52.1%) |
| Renter Occupied HU | 7,508 (40.6%) |
| Vacant Housing Units | 1,360 ( 7.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,983,009 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
11,427
Multi-Family
6,193
Businesses
2,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Wang • Rainmaker Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82023005