206 Scenic DrRedwood CityCA94062
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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
Rental property for sale in Redwood City at 206 Scenic Dr, Redwood City, CA, 94062 priced at $1,798,000 pairs $5,836/mo rent with after a $8,800/mo payment. Total monthly income equals $5,836/mo. Return on cash invested is 9.48% in year one, and rental yield stands at 3.89% on a $1,798,000 basis. Equity gained on principal adds $11,602/yr, and 5% annual appreciation accumulates to $496,754 by year five. Five-year ROI measures 46.81% and total cumulative return in cash reaches $272,719. For financing, Ziffy Mortgage’s DSCR program evaluates $5,836/mo property income against a $8,800/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
9,532 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94062, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,468 (100%) |
| Owner Occupied HU | 7,167 (68.5%) |
| Renter Occupied HU | 2,645 (25.3%) |
| Vacant Housing Units | 656 ( 6.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,916,222 |
Housing Distribution
Address Breakdown
Residential
10,312
Single Family
9,246
Multi-Family
1,066
Businesses
563
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Listed by: Lori Buecheler • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82021568