1919 Alameda De Las Pulgas APT 79San MateoCA94403
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1919 Alameda De Las Pulgas APT 79, San Mateo, CA, 94403 in San Mateo carries a 1.59 coverage ratio, rent of $5,705/mo is 1.59 times the $3,593/mo payment. Rental yield 8.57%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $799,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $220,749; total projected cumulative return: $288,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.0% |
| Monthly Cash Flow | $(293) | $300 |
City averages based on San Mateo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,705 |
| Total Monthly Debt Service | $5,680 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1974
3.01 Acres lot
$N/A/sqft
$667 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
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
Condo
Built in 1974
3.01 Acres lot
$N/A/sqft
$667 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices