2060 Pulgas AveEast Palo AltoCA94303
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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
Total monthly income runs $3,674/mo, and a $5,382/mo payment. Purchase price stands at $1,099,500, and rental yield measures 4.01% with $3,674/mo rent. Return on cash invested shows 9.83% in year one, and 5% annual appreciation builds toward $303,772 over five years. Five-year ROI reaches 48.7% and total cumulative return in cash records $173,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,674/mo property income covering a $5,382/mo payment rather than investor’s personal income.
Single Family
Built in 1951
5,000 sqft lot
$N/A/sqft
No 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
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Listed by: Mark Stevensen • Stevensen & Neal Realtors
Mls Name: MLSListings Inc
Mls ID: #ML82028838