3001 Los Prados St APT 104San MateoCA94403
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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 San Mateo at 3001 Los Prados St APT 104, San Mateo, CA, 94403 generates $4,166/mo in rent, after a $3,172/mo payment. Total monthly income is $4,166/mo. Return on cash invested sits at 15.01% in year one, and rental yield is 7.71% on a $648,000 entry. Equity gained on principal adds $4,181/yr, while 5% annual appreciation builds toward $179,030 over five years. Five-year ROI reaches 78.66% and total cumulative return in cash sums $167,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,166/mo property income rather than buyer’s personal income.
Condo
Built in 1963
1.35 Acres lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
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Listed by: Bing Ting Ren • Norcal Realty
Mls Name: SFAR
Mls Provider:
Mls ID: #425061907
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.