3015 E Bayshore Rd SPACE 436Redwood CityCA94063
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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
Investment property for sale in Redwood City at 3015 E Bayshore Rd SPACE 436, Redwood City, CA, 94063 earns $4,179/mo cash flow from $6,252/mo rent with a $1,640/mo payment. Total monthly income totals $6,252/mo, and annual cash flow totals $50,151/yr on $111,053 capital. ROI tracks 65.07% on current figures, and rental yield reads 22.4% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 345.03% and total cumulative return in cash sums $383,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,252/mo property income instead of your personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94063, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,793 (100%) |
| Owner Occupied HU | 3,502 (25.4%) |
| Renter Occupied HU | 8,853 (64.2%) |
| Vacant Housing Units | 1,438 (10.4%) |
| Median Home Value | $1,224,286 |
| Average Home Value | $1,173,973 |
Housing Distribution
Address Breakdown
Residential
12,526
Single Family
6,026
Multi-Family
6,500
Businesses
2,470
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Listed by: Brian Shaw • Alliance Manufactured Homes Inc
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81967887
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:32:28 PDT. 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.