3988 Martin DrSan MateoCA94403
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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 San Mateo at 3988 Martin Dr, San Mateo, CA, 94403 offers $5,400/mo rent that, after a $8,242/mo payment. Total monthly income is $5,400/mo. Return on cash invested measures 9.34% in year one, and rental yield stands at 3.85% at a $1,683,988 entry. Equity gained on principal adds $10,867/yr while 5% annual appreciation compounds into $465,255 by year five. Five-year ROI records 46.04% and total cumulative return in cash reaches $251,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,400/mo property income versus a $8,242/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,000 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
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Listed by: Masood Samereie • Aria Properties
Mls Name: SFAR
Mls Provider:
Mls ID: #425031688
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.