2823 Pierce StSan FranciscoCA94123
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2823 Pierce St, San Francisco, CA, 94123 in San Francisco. Rental yield 5.18%. At $1,115,000 with 5.18% gross yield, current distributions are modest, but the 5% appreciation rate projects $308,054 in new equity by year five, complemented by $10,269/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.96) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $240,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 4.5% |
| Monthly Cash Flow | $(2,887) | $2,800 |
City averages based on San Francisco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,816 |
| Total Monthly Debt Service | $7,259 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1939
2,988 sqft lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94123, San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,019 (100%) |
| Owner Occupied HU | 3,693 (21.7%) |
| Renter Occupied HU | 11,556 (67.9%) |
| Vacant Housing Units | 1,770 (10.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,858,332 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
4,628
Multi-Family
10,470
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1939
2,988 sqft lot
$N/A/sqft
$580 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94123, San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,019 (100%) |
| Owner Occupied HU | 3,693 (21.7%) |
| Renter Occupied HU | 11,556 (67.9%) |
| Vacant Housing Units | 1,770 (10.4%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,858,332 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
4,628
Multi-Family
10,470
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tori Andrews • Sotheby's International Realty
Mls Name: SFAR
Mls Provider:
Mls ID: #425036452
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.