223 Boardwalk Ave APT BSan BrunoCA94066
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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
Rental property for sale in San Bruno at 223 Boardwalk Ave APT B, San Bruno, CA, 94066 offers $3,070/mo rent that, after a $1,899/mo payment, leaves $670/mo cash flow. Total monthly income is $3,070/mo, and annual cash flow is $8,038/yr on $128,622 cash. Return on cash invested measures 26.16% in year one, and rental yield stands at 9.49% at a $388,000 entry. Equity gained on principal adds $2,504/yr while 5% annual appreciation compounds into $107,197 by year five. Five-year ROI records 136.35% and total cumulative return in cash reaches $175,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,070/mo property income versus a $1,899/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94066, San Bruno, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,524 (100%) |
| Owner Occupied HU | 8,832 (53.4%) |
| Renter Occupied HU | 6,971 (42.2%) |
| Vacant Housing Units | 721 ( 4.4%) |
| Median Home Value | $1,259,004 |
| Average Home Value | $1,286,494 |
Housing Distribution
Address Breakdown
Residential
16,342
Single Family
11,258
Multi-Family
5,084
Businesses
1,051
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Listed by: Kevin Birmingham • Park North Real Estate
Mls Name: SFAR
Mls ID: #425090783