3350 La Mesa Dr APT 4San CarlosCA94070
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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 San Carlos at 3350 La Mesa Dr APT 4, San Carlos, CA, 94070 generates $4,214/mo in rent, after a $4,234/mo payment. Total monthly income is $4,214/mo. Return on cash invested sits at 15.26% in year one, and rental yield is 5.85% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 77.9% and total cumulative return in cash sums $221,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,214/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: 94070, San Carlos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,540 (67.9%) |
| Renter Occupied HU | 3,549 (28.2%) |
| Vacant Housing Units | 497 ( 3.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,849,212 |
Housing Distribution
Address Breakdown
Residential
12,507
Single Family
9,424
Multi-Family
3,083
Businesses
2,179
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Listed by: Joe Day • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82016931