2241 Armada WaySan MateoCA94404
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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 $5,497/mo, and a $5,824/mo payment. Purchase price stands at $1,190,000, and rental yield measures 5.54% with $5,497/mo rent. Return on cash invested shows 14.57% in year one, and 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 74.1% and total cumulative return in cash records $285,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,497/mo property income covering a $5,824/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94404, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 7,887 (50.1%) |
| Renter Occupied HU | 7,029 (44.6%) |
| Vacant Housing Units | 828 ( 5.3%) |
| Median Home Value | $1,706,614 |
| Average Home Value | $1,659,800 |
Housing Distribution
Address Breakdown
Residential
15,397
Single Family
10,037
Multi-Family
5,360
Businesses
793
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Listed by: Vicky Li • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82019696