360 Fernando AvePalo AltoCA94306
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
Investment Highlights
Investment property for sale in Palo Alto at 360 Fernando Ave, Palo Alto, CA, 94306 at $1,920,000 posts ROI 5.99% with from $4,421/mo rent. Total monthly income equals $4,421/mo. Return on cash invested measures 5.99% and rental yield reads 2.76% at the current $1,920,000. Equity gained on principal adds $12,389/yr, and 5% annual appreciation supports $530,461 by year five. Five-year ROI prints 28.08% and total cumulative return in cash totals $174,678. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
3,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Ameri • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82021149