1951 Ofarrell St APT 204San 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
Investment property for sale in San Mateo at 1951 Ofarrell St APT 204, San Mateo, CA, 94403 listed at $999,200 pairs $5,275/mo rent with a $4,891/mo payment. Total monthly income runs $5,275/mo. Return on cash invested measures 13.45% in year one, and rental yield registers 6.34% at a $999,200 basis. Equity gained on principal adds $6,448/yr, and annual property appreciation at 5% supports $276,061 by year five. Five-year ROI tracks 69.35% and total cumulative return in cash totals $227,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,275/mo property income relative to a $4,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1997
1,132 sqft lot
$N/A/sqft
$416 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: N/A • N/A
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