302 Philip Dr APT 109Daly CityCA94015
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.65% yield at 302 Philip Dr APT 109, Daly City, CA, 94015 in Daly City is solid, but the $3,098/mo payment compresses net cash flow to $127/mo at $689,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $190,358 by year five, and $6,346/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $269,534.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $127 | $1,500 |
City averages based on Daly City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,390 |
| Total Monthly Debt Service | $3,988 |
| DSCR Ratio | 1.10x |
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.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94015, Daly City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,881 (100%) |
| Owner Occupied HU | 10,641 (51.0%) |
| Renter Occupied HU | 9,013 (43.2%) |
| Vacant Housing Units | 1,227 ( 5.9%) |
| Median Home Value | $1,169,551 |
| Average Home Value | $1,184,435 |
Housing Distribution
Address Breakdown
Residential
20,381
Single Family
13,294
Multi-Family
7,087
Businesses
920
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
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94015, Daly City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,881 (100%) |
| Owner Occupied HU | 10,641 (51.0%) |
| Renter Occupied HU | 9,013 (43.2%) |
| Vacant Housing Units | 1,227 ( 5.9%) |
| Median Home Value | $1,169,551 |
| Average Home Value | $1,184,435 |
Housing Distribution
Address Breakdown
Residential
20,381
Single Family
13,294
Multi-Family
7,087
Businesses
920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kingston Louie • KW Advisors
Mls Name: MLSListings Inc
Mls ID: #ML82021203