192 Waters Park Cir #2San MateoCA94403
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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
Rental property for sale in San Mateo at 192 Waters Park Cir #2, San Mateo, CA, 94403 generates $6,889/mo in rent, after a $6,412/mo payment. Total monthly income is $6,889/mo. Return on cash invested sits at 13.79% in year one, and rental yield is 6.31% on a $1,310,000 entry. Equity gained on principal adds $8,453/yr, while 5% annual appreciation builds toward $361,929 over five years. Five-year ROI reaches 71.09% and total cumulative return in cash sums $301,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,889/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$350 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
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Listed by: Winnie Wong • Surpass Real Estate & Finance
Mls Name: SFAR
Mls Provider:
Mls ID: #425058560
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.