274 Roble AveRedwood CityCA94061
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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 Redwood City at 274 Roble Ave, Redwood City, CA, 94061 priced at $1,298,000 pairs $5,287/mo rent with after a $6,353/mo payment. Total monthly income equals $5,287/mo. Return on cash invested is 12.54% in year one, and rental yield stands at 4.89% on a $1,298,000 basis. Equity gained on principal adds $8,376/yr, and 5% annual appreciation accumulates to $358,613 by year five. Five-year ROI measures 63.25% and total cumulative return in cash reaches $266,003. For financing, Ziffy Mortgage’s DSCR program evaluates $5,287/mo property income against a $6,353/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
5,546 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94061, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,257 (100%) |
| Owner Occupied HU | 6,693 (46.9%) |
| Renter Occupied HU | 6,771 (47.5%) |
| Vacant Housing Units | 793 ( 5.6%) |
| Median Home Value | $1,845,411 |
| Average Home Value | $1,757,510 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
10,108
Multi-Family
4,019
Businesses
462
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Listed by: Darcy Gamble • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82020361