33 Park Rd APT 5BurlingameCA94010
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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 Burlingame at 33 Park Rd APT 5, Burlingame, CA, 94010 priced at $1,348,000 converts $5,654/mo rent into after a $6,598/mo obligation. Total monthly income equals $5,654/mo. Return on cash invested prints 12.99% in year one, and rental yield reads 5.03% against a $1,348,000 entry. Equity gained on principal adds $8,698/yr, while 5% annual appreciation compiles into $372,428 by year five. Five-year ROI reaches 65.65% and total cumulative return in cash sums $286,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,654/mo property income covering a $6,598/mo payment, not borrower’s personal income.
Townhouse
Built in 1978
652 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94010, Burlingame, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 9,643 (52.1%) |
| Renter Occupied HU | 7,508 (40.6%) |
| Vacant Housing Units | 1,360 ( 7.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,983,009 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
11,427
Multi-Family
6,193
Businesses
2,322
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Listed by: Tom Ruan • Province Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82031093