320 Vallejo Dr APT 22MillbraeCA94030
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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 Millbrae at 320 Vallejo Dr APT 22, Millbrae, CA, 94030 generates $3,989/mo in rent, after a $3,612/mo payment. Total monthly income is $3,989/mo. Return on cash invested sits at 17.21% in year one, and rental yield is 6.49% on a $738,000 entry. Equity gained on principal adds $4,762/yr, while 5% annual appreciation builds toward $203,896 over five years. Five-year ROI reaches 88.34% and total cumulative return in cash sums $214,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,989/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A 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: Bertha Sandoval • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82030752