404 Milagra DrPacificaCA94044
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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
Investment property for sale in Pacifica at 404 Milagra Dr, Pacifica, CA, 94044 listed at $1,199,000 pairs $7,014/mo rent with a $5,869/mo payment. Total monthly income runs $7,014/mo. Return on cash invested measures 19.12% in year one, and rental yield registers 7.02% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 98.53% and total cumulative return in cash totals $382,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,014/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
7,275 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94044, Pacifica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,705 (100%) |
| Owner Occupied HU | 9,684 (65.9%) |
| Renter Occupied HU | 4,526 (30.8%) |
| Vacant Housing Units | 495 ( 3.4%) |
| Median Home Value | $1,299,207 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
12,051
Multi-Family
2,453
Businesses
849
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $1,199,000 |
| 2023-09-26 | Sold | $850,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $2385.22 | -8.77% | $119,860 | 2.00% |
| 2022-08-16 | $2614.44 | -16.55% | $117,511 | 2.00% |
| 2021-08-16 | $3132.76 | 5.21% | $115,207 | 1.03% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1954
- Architectural Style: N/A
- Building Area: 1,010
- Living Area: 1,010 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: High Ceilings
- Exterior Features: N/A
- Parking Features: Attached
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public Utilities, Water Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Nan Lovings • Real Estate Experts
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976590
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:32:28 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.