402 Laurel AveHalf Moon BayCA94019
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 402 Laurel Ave, Half Moon Bay, CA, 94019 in Half Moon Bay is a conservative rental investment at $660,000. Rental yield 6.8%. A 1.26 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $182,346; $6,079/yr in principal paydown supplements. Total projected return: $161,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 4.5% |
| Monthly Cash Flow | $(1,456) | $3,000 |
City averages based on Half Moon Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,739 |
| Total Monthly Debt Service | $4,932 |
| DSCR Ratio | 0.76x |
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.
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
$765 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
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
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
$765 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices