3532 23rd St #3San FranciscoCA94110
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 3532 23rd St #3, San Francisco, CA, 94110 in San Francisco the bet is firmly on appreciation. Rental yield 4.8%. The 4.8% gross yield on a $1,862,500 price is below income-first thresholds, but 5%/yr value growth projects $514,574 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.89) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $420,772.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 4.5% |
| Monthly Cash Flow | $(4,463) | $2,800 |
City averages based on San Francisco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,457 |
| Total Monthly Debt Service | $11,179 |
| DSCR Ratio | 0.67x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
2,848 sqft lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94110, San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,019 (100%) |
| Owner Occupied HU | 9,614 (32.0%) |
| Renter Occupied HU | 17,928 (59.7%) |
| Vacant Housing Units | 2,477 ( 8.3%) |
| Median Home Value | $1,538,687 |
| Average Home Value | $1,543,290 |
Housing Distribution
Address Breakdown
Residential
28,967
Single Family
15,739
Multi-Family
13,228
Businesses
2,630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
2,848 sqft lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94110, San Francisco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,019 (100%) |
| Owner Occupied HU | 9,614 (32.0%) |
| Renter Occupied HU | 17,928 (59.7%) |
| Vacant Housing Units | 2,477 ( 8.3%) |
| Median Home Value | $1,538,687 |
| Average Home Value | $1,543,290 |
Housing Distribution
Address Breakdown
Residential
28,967
Single Family
15,739
Multi-Family
13,228
Businesses
2,630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Brown • KW Advisors
Mls Name: SFAR
Mls Provider:
Mls ID: #424068325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.