360 Vallejo Dr APT 116MillbraeCA94030
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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 360 Vallejo Dr APT 116, Millbrae, CA, 94030 uses $274,386 cash to close to unlock $7,425/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $5,778/mo, and a $4,082/mo payment keeps the spread at $619/mo. Purchase price stands at $834,000, and rental yield measures 8.31% with $5,778/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $230,419 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash records $324,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,778/mo property income covering a $4,082/mo payment rather than investor’s personal income.
Condo
Built in 1970
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: Pam Long • Omarshall, Inc
Mls Name: MLSListings Inc
Mls ID: #ML82022188