3015 E Bayshore Rd SPACE 436Redwood CityCA94063
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3015 E Bayshore Rd SPACE 436, Redwood City, CA, 94063 in Redwood City hard to pass up. The 22.4% gross yield on a $335,000 purchase results in $6,252/mo in rent and $4,180/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (4.15). Annual cash flow of $50,156, five-year appreciation of $92,554, and $3,085/yr in equity build-up combine for a projected total cumulative return of $396,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 22.4% | 5.0% |
| Monthly Cash Flow | $4,180 | $300 |
City averages based on Redwood City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,252 |
| Total Monthly Debt Service | $1,939 |
| DSCR Ratio | 3.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices