340 Shelter Cove Dr, Half Moon Bay, CA, 94019 | 3.67% Rental Yield

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340 Shelter Cove Dr, Half Moon Bay, CA, 94019 | 3.67% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Currently Rented+ 1 more

3 Bed
2 Bath
1140 sft

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3 Bed
2 Bath
1790 sft

301 Shelter Cove Dr, Half Moon Bay, CA, 94019

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

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Investment Highlights

Rental property for sale in Half Moon Bay at 340 Shelter Cove Dr, Half Moon Bay, CA, 94019 offers $4,673/mo rent that, after a $7,479/mo payment. Total monthly income is $4,673/mo. Return on cash invested measures 8.78% in year one, and rental yield stands at 3.67% at a $1,528,000 entry. Equity gained on principal adds $9,860/yr while 5% annual appreciation compounds into $422,158 by year five. Five-year ROI records 43.09% and total cumulative return in cash reaches $213,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,673/mo property income versus a $7,479/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

5,400 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home on the coast! Nestled in a serene neighborhood, this peaceful and immaculate retreat features easy access to beaches and harbor activities, scenic trails throughout acres of Golden Gate National Recreation Area, and a nearby park and playground. Freshly painted and with new flooring, this carefully curated home exudes pride of ownership, modern style, and a floor plan designed to maximize living space. Enter to soaring ceilings in the foyer and an inviting living/dining area with glimpses of the ocean. The light-filled kitchen features stainless appliances and abundant storage, and an open-plan family room offers cozy evenings by the fireplace. Convenient lower-level bedroom and full bath accommodate generational living or a home office. The second story offers a sizeable primary suite with a peek of the ocean, and an updated bath. Two additional roomy bedrooms, and a well-appointed bathroom complete the upstairs. The spacious and sunny yard boasts refreshed landscaping, drought-tolerant plants, a deck with a flowering vine-covered pergola, making it ideal for gatherings or peaceful moments. Designed for low maintenance living, this move-in-ready home lets you leave chores behind and head to the beach for sunset. Don't miss your chance to call this home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,985 (100%)
Owner Occupied HU	3,832 (64.0%)
Renter Occupied HU	1,781 (29.8%)
Vacant Housing Units	372 ( 6.2%)
Median Home Value	$1,679,472
Average Home Value	$1,564,963