380 Vallejo Dr APT 321MillbraeCA94030
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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
Rental property for sale in Millbrae at 380 Vallejo Dr APT 321, Millbrae, CA, 94030 generates $3,361/mo in rent and, after a $2,442/mo payment, leaves $275/mo in cash flow. Total monthly income is $3,361/mo, and annual cash flow is $3,295/yr on $165,381 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 8.08% on a $498,888 entry. Equity gained on principal adds $3,219/yr, while 5% annual appreciation builds toward $137,834 over five years. Five-year ROI reaches 113.52% and total cumulative return in cash sums $187,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,361/mo property income rather than buyer’s personal income.
Condo
Built in 1973
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: Olivia Mcnally • Real Brokerage Technologies
Mls Name: MLSListings Inc
Mls ID: #ML82021396