356 Covington RdLos AltosCA94024
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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 Los Altos at 356 Covington Rd, Los Altos, CA, 94024 projects strong ROI of 0.76%. Rental yield 1.07%. With 5% annual appreciation, the property builds $2,970,027 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.07%, translating into $2,501 in total cumulative return on $3,483,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1995
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94024, Los Altos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,157 (100%) |
| Owner Occupied HU | 6,713 (82.3%) |
| Renter Occupied HU | 1,061 (13.0%) |
| Vacant Housing Units | 383 ( 4.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,131,100 |
Housing Distribution
Address Breakdown
Residential
8,047
Single Family
7,823
Multi-Family
224
Businesses
432
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Listed by: Ellen Barton • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82011032