307 Pacific AveRedwood CityCA94063
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
Investment Highlights
Investment property for sale in Redwood City at 307 Pacific Ave, Redwood City, CA, 94063 earns from $4,078/mo rent with a $7,073/mo payment. Total monthly income totals $4,078/mo. ROI tracks 7.91% on current figures, and rental yield reads 3.39% at a $1,445,000 purchase. Equity gained on principal adds $9,324/yr, and 5% annual appreciation supports $399,227 over five years. Five-year ROI reaches 38.39% and total cumulative return in cash sums $179,747. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,078/mo property income instead of your personal income.
Multi Family
Built in 1961
3,750 sqft 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
Listed by: Steve Zirelli • Cornish & Carey Commercial
Mls Name: MLSListings Inc
Mls ID: #ML82013543