2396 Glen WayEast 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 $5,165/mo, and a $5,017/mo payment. Purchase price stands at $1,025,000, and rental yield measures 6.05% with $5,165/mo rent. Return on cash invested shows 16.12% in year one, and 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 82.44% and total cumulative return in cash records $273,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,165/mo property income covering a $5,017/mo payment rather than investor’s personal income.
Single Family
Built in 1948
8,053 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: Kathy Tai • Mosaik Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82015765