409 S Idaho StSan MateoCA94402
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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 409 S Idaho St, San Mateo, CA, 94402 offers $5,548/mo rent that, after a $9,104/mo payment. Total monthly income is $5,548/mo. Return on cash invested measures 8.51% in year one, and rental yield stands at 3.58% at a $1,860,000 entry. Equity gained on principal adds $12,002/yr while 5% annual appreciation compounds into $513,884 by year five. Five-year ROI records 41.58% and total cumulative return in cash reaches $250,605. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,548/mo property income versus a $9,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1902
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94402, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,423 (100%) |
| Owner Occupied HU | 6,188 (54.2%) |
| Renter Occupied HU | 4,581 (40.1%) |
| Vacant Housing Units | 654 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,853,864 |
Housing Distribution
Address Breakdown
Residential
10,477
Single Family
7,593
Multi-Family
2,884
Businesses
1,266
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Listed by: Maggie Mao • Infohome Inc
Mls Name: MLSListings Inc
Mls ID: #ML82028986