400 Patricia AveSan MateoCA94401
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
Rental property for sale in San Mateo at 400 Patricia Ave, San Mateo, CA, 94401 priced at $1,150,000 pairs $5,018/mo rent with after a $5,629/mo payment. Total monthly income equals $5,018/mo. Return on cash invested is 13.62% in year one, and rental yield stands at 5.24% on a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and 5% annual appreciation accumulates to $317,724 by year five. Five-year ROI measures 69.01% and total cumulative return in cash reaches $257,121. For financing, Ziffy Mortgage’s DSCR program evaluates $5,018/mo property income against a $5,629/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,811 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miriam Cruz • eXp Realty of Northern California, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82030292