2656 Leix WaySouth San FranciscoCA94080
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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 South San Francisco at 2656 Leix Way, South San Francisco, CA, 94080 listed at $1,450,000 pairs $9,415/mo rent with a $7,097/mo payment to leave $445/mo cash flow. Total monthly income runs $9,415/mo, and annual cash flow reaches $5,341/yr on $469,800 cash to close. Return on cash invested measures 21.51% in year one, and rental yield registers 7.79% at a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and annual property appreciation at 5% supports $400,608 by year five. Five-year ROI tracks 111.32% and total cumulative return in cash totals $522,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,415/mo property income relative to a $7,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
2,550 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94080, South San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,422 (100%) |
| Owner Occupied HU | 12,477 (53.3%) |
| Renter Occupied HU | 9,823 (41.9%) |
| Vacant Housing Units | 1,122 ( 4.8%) |
| Median Home Value | $1,212,776 |
| Average Home Value | $1,244,857 |
Housing Distribution
Address Breakdown
Residential
22,652
Single Family
16,667
Multi-Family
5,985
Businesses
2,464
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $1,450,000 |
| 2002-11-08 | Sold | $520,000 |
| 1999-12-28 | Sold | $365,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $3832.88 | 2.71% | $294,148 | 2.00% |
| 2022-08-16 | $3731.62 | 2.42% | $288,381 | 2.00% |
| 2021-08-16 | $3643.50 | -4.54% | $282,727 | 1.04% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1971
- Architectural Style: N/A
- Building Area: 2,000
- Living Area: 2,000 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Forced Air Gas
- Cooling: None
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: South San Francisco
- State: CA
- Subdivision: N/A
- Lot Size: 2,550 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Water Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Mitchell Wong • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81974669
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 23:02:46 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.