2387 Dumbarton AveEast Palo AltoCA94303
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
Investment Highlights
Investment property for sale in East Palo Alto at 2387 Dumbarton Ave, East Palo Alto, CA, 94303 offers a 5.63% rental yield on a $1,688,888 purchase with $7,918/mo rent. 66% in year one. Equity gained on principal adds $10,898/yr while 5% annual appreciation supports $466,609 over five years. Portfolio math shows five-year ROI at 74.64% and total cumulative return in cash at $408,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,918/mo property income against a $8,266/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,400 sqft lot
$N/A/sqft
$75 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rod Creason • Keller Williams Palo Alto
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81967270
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-17 22:06:36 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.