425 1st St #23Los AltosCA94022
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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 Los Altos at 425 1st St #23, Los Altos, CA, 94022 generates $3,360/mo in rent, after a $9,520/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 2.82% in year one, and rental yield is 2.07% on a $1,945,000 entry. Equity gained on principal adds $12,551/yr, while 5% annual appreciation builds toward $537,368 over five years. Five-year ROI reaches 11.46% and total cumulative return in cash sums $72,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Condo
Built in 2024
1,168 sqft lot
$N/A/sqft
$545 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94022, Los Altos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,075 (100%) |
| Owner Occupied HU | 5,801 (71.8%) |
| Renter Occupied HU | 1,651 (20.4%) |
| Vacant Housing Units | 623 ( 7.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,076,062 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
6,704
Multi-Family
1,079
Businesses
925
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Listed by: Lisa M. Lyons • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #425053847
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.