1982 W Bayshore Rd APT 338East Palo AltoCA94303
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
Investment property for sale in East Palo Alto at 1982 W Bayshore Rd APT 338, East Palo Alto, CA, 94303 listed at $795,000 pairs $6,050/mo rent with a $3,891/mo payment to leave $384/mo cash flow. Total monthly income runs $6,050/mo, and annual cash flow reaches $4,612/yr on $261,555 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 9.13% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 114.33% and total cumulative return in cash totals $299,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,050/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
$508 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94303, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,452 (100%) |
| Owner Occupied HU | 7,276 (50.3%) |
| Renter Occupied HU | 6,372 (44.1%) |
| Vacant Housing Units | 804 ( 5.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,730,310 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
10,525
Multi-Family
3,654
Businesses
1,127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Campi • Golden Gate Sotheby's International Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81948665
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-14 23:17:19 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.