200 Sheridan Ave APT 408Palo AltoCA94306
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 200 Sheridan Ave APT 408, Palo Alto, CA, 94306 in Palo Alto. Rental yield 3.21%. At $1,549,000 with 3.21% gross yield, current distributions are modest, but the 5% appreciation rate projects $427,960 in new equity by year five, complemented by $14,266/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.60) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $237,667.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 5.8% |
| Monthly Cash Flow | $(6,258) | $2,000 |
City averages based on Palo Alto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,148 |
| Total Monthly Debt Service | $8,966 |
| DSCR Ratio | 0.46x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
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 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82036084