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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Half Moon Bay at 290 Grove St, Half Moon Bay, CA, 94019 priced at $1,599,000 pairs $5,496/mo rent with after a $7,826/mo payment. Total monthly income equals $5,496/mo. Return on cash invested is 10.08% in year one, and rental yield stands at 4.12% on a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and 5% annual appreciation accumulates to $441,774 by year five. Five-year ROI measures 50.06% and total cumulative return in cash reaches $259,345. For financing, Ziffy Mortgage’s DSCR program evaluates $5,496/mo property income against a $7,826/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
4,060 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Listed for sale | $1,599,000 |
| 2019-09-03 | Sold | $970,000 |
| 2019-08-12 | Pending sale | $999,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $12561.32 | 2.34% | $1,019,641 | 2.00% |
| 2022-01-08 | $12273.54 | 2.72% | $999,649 | 2.00% |
| 2021-01-08 | $11948.42 | 0.91% | $980,049 | 1.04% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Kulda Group • KW Advisors
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81988728
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-07 22:51:35 PST. 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.
