240 Wilton AvePalo AltoCA94306
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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
Investment property for sale in Palo Alto at 240 Wilton Ave, Palo Alto, CA, 94306 projects strong ROI of 5.56%. Rental yield 2.62%. With 5% annual appreciation, the property builds $1,049,317 in value over five years. Equity growth combined delivers a projected five-year ROI of 25.78%, translating into $317,270 in total cumulative return on $1,230,552 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1946
7,095 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
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Listed by: Andy Chan • Re/Max Accord
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41076467
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-10-17 22:21:31 PDT.