379 Derby AveSan MateoCA94403
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 379 Derby Ave, San Mateo, CA, 94403 in San Mateo fits: $1,199,000, 4.34% gross yield, and a projected 5% annual appreciation rate adding $331,262 in value within five years. Rental yield 4.34%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.80) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $11,043/yr in principal paydown and $331,262 in appreciation project a total return of $256,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.0% |
| Monthly Cash Flow | $(3,616) | $300 |
City averages based on San Mateo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,338 |
| Total Monthly Debt Service | $6,940 |
| DSCR Ratio | 0.63x |
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.
Townhouse
Built in 2015
1,906 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
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
Townhouse
Built in 2015
1,906 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94403, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,063 (100%) |
| Owner Occupied HU | 9,115 (50.5%) |
| Renter Occupied HU | 8,169 (45.2%) |
| Vacant Housing Units | 779 ( 4.3%) |
| Median Home Value | $1,780,439 |
| Average Home Value | $1,705,852 |
Housing Distribution
Address Breakdown
Residential
17,939
Single Family
11,963
Multi-Family
5,976
Businesses
1,296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLSListings Inc
Mls ID: #ML82036598