410 Sheridan Ave APT 227Palo AltoCA94306
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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 Palo Alto at 410 Sheridan Ave APT 227, Palo Alto, CA, 94306 listed at $1,378,000 pairs $4,793/mo rent with a $6,745/mo payment. Total monthly income runs $4,793/mo. Return on cash invested measures 10.34% in year one, and rental yield registers 4.17% at a $1,378,000 basis. Equity gained on principal adds $8,892/yr, and annual property appreciation at 5% supports $380,716 by year five. Five-year ROI tracks 51.43% and total cumulative return in cash totals $229,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,793/mo property income relative to a $6,745/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94306, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,607 (100%) |
| Owner Occupied HU | 5,414 (46.6%) |
| Renter Occupied HU | 5,430 (46.8%) |
| Vacant Housing Units | 763 ( 6.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,987,959 |
Housing Distribution
Address Breakdown
Residential
11,714
Single Family
7,993
Multi-Family
3,721
Businesses
1,167
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Listed by: Geraldine Asmus • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82024966