240 N Bayshore Blvd APT 320San MateoCA94401
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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 Mateo at 240 N Bayshore Blvd APT 320, San Mateo, CA, 94401 generates $3,898/mo in rent, after a $3,906/mo payment. Total monthly income is $3,898/mo. Return on cash invested sits at 10.8% in year one, and rental yield is 5.86% on a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 55.61% and total cumulative return in cash sums $145,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,898/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1.46 Acres lot
$N/A/sqft
$660 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Tina Tsao • Coldwell Banker Realty
Mls Name: SFAR
Mls Provider:
Mls ID: #425027968
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.