2604 Hastings Shore LnRedwood CityCA94065
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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 Redwood City at 2604 Hastings Shore Ln, Redwood City, CA, 94065 listed at $949,888 pairs $4,489/mo rent with a $4,649/mo payment. Total monthly income runs $4,489/mo. Return on cash invested measures 14.73% in year one, and rental yield registers 5.67% at a $949,888 basis. Equity gained on principal adds $6,129/yr, and annual property appreciation at 5% supports $262,437 by year five. Five-year ROI tracks 75.07% and total cumulative return in cash totals $234,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,489/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
1,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94065, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,201 (100%) |
| Owner Occupied HU | 3,360 (64.6%) |
| Renter Occupied HU | 1,670 (32.1%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $1,898,719 |
| Average Home Value | $1,764,502 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
3,385
Multi-Family
1,843
Businesses
284
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Listed by: Coco Tan • Keller Williams Realty-Silicon Valley
Mls Name: MLSListings Inc
Mls ID: #ML82022951