308 Hiller StBelmontCA94002
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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 Belmont at 308 Hiller St, Belmont, CA, 94002 priced at $1,499,950 pairs $4,824/mo rent with after a $7,342/mo payment. Total monthly income equals $4,824/mo. Return on cash invested is 9.37% in year one, and rental yield stands at 3.86% on a $1,499,950 basis. Equity gained on principal adds $9,679/yr, and 5% annual appreciation accumulates to $414,409 by year five. Five-year ROI measures 46.22% and total cumulative return in cash reaches $224,612. For financing, Ziffy Mortgage’s DSCR program evaluates $4,824/mo property income against a $7,342/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
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Listed by: Maxine & Michelle Dumas • Dumas & Company
Mls Name: MLSListings Inc
Mls ID: #ML82013525