31 Spruce StMillbraeCA94030
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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 Millbrae at 31 Spruce St, Millbrae, CA, 94030 earns from $4,771/mo rent with a $6,255/mo payment. Total monthly income totals $4,771/mo. ROI tracks 11.29% on current figures, and rental yield reads 4.48% at a $1,278,000 purchase. Equity gained on principal adds $8,247/yr, and 5% annual appreciation supports $353,088 over five years. Five-year ROI reaches 56.5% and total cumulative return in cash sums $233,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,771/mo property income instead of your personal income.
Single Family
Built in 1958
3,993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94030, Millbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 5,259 (57.7%) |
| Renter Occupied HU | 3,427 (37.6%) |
| Vacant Housing Units | 432 ( 4.7%) |
| Median Home Value | $1,855,489 |
| Average Home Value | $1,738,692 |
Housing Distribution
Address Breakdown
Residential
9,045
Single Family
5,999
Multi-Family
3,046
Businesses
787
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Listed by: Stanley Lo • Green Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82017449