340 Vallejo Dr APT 50MillbraeCA94030
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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 340 Vallejo Dr APT 50, Millbrae, CA, 94030 uses $197,071 cash to close to unlock $6,519/yr annual cash flow and $543/mo monthly cash flow. Total monthly income runs $4,249/mo, and a $2,932/mo payment keeps the spread at $543/mo. Purchase price stands at $599,000, and rental yield measures 8.51% with $4,249/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash records $239,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,249/mo property income covering a $2,932/mo payment rather than investor’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: Mariaelena Diaz • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82023634