2987 Alexis DrPalo AltoCA94304
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Palo Alto at 2987 Alexis Dr, Palo Alto, CA, 94304 projects strong ROI of 5.27%. Rental yield 2.51%. With 5% annual appreciation, the property builds $1,215,363 in value over five years. Equity growth combined delivers a projected five-year ROI of 41.02%, translating into $509,789 in total cumulative return on $1,242,718 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.8% |
| Monthly Cash Flow | $(17,997) | $2,000 |
City averages based on Palo Alto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,216 |
| Total Monthly Debt Service | $25,463 |
| DSCR Ratio | 0.36x |
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.
Single Family
Built in 1963
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94304, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 399 (16.9%) |
| Renter Occupied HU | 1,648 (69.8%) |
| Vacant Housing Units | 314 (13.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,953,596 |
Housing Distribution
Address Breakdown
Residential
2,232
Single Family
225
Multi-Family
2,007
Businesses
463
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
Single Family
Built in 1963
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94304, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 399 (16.9%) |
| Renter Occupied HU | 1,648 (69.8%) |
| Vacant Housing Units | 314 (13.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,953,596 |
Housing Distribution
Address Breakdown
Residential
2,232
Single Family
225
Multi-Family
2,007
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82039358