300 Davey Glen Rd APT 3502BelmontCA94002
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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 Belmont at 300 Davey Glen Rd APT 3502, Belmont, CA, 94002 generates $4,219/mo in rent and, after a $2,447/mo payment, leaves $528/mo in cash flow. Total monthly income is $4,219/mo, and annual cash flow is $6,337/yr on $165,733 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 10.13% on a $499,950 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,127 over five years. Five-year ROI reaches 124.93% and total cumulative return in cash sums $207,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,219/mo property income rather than buyer’s personal income.
Condo
Built in 1965
4.16 Acres lot
$N/A/sqft
$564 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
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Listed by: Lily Yuen Wu • Coldwell Banker Infiniti Group
Mls Name: SFAR
Mls Provider:
Mls ID: #424055540
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.