425 Grant Ave APT 19Palo 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
Rental property for sale in Palo Alto at 425 Grant Ave APT 19, Palo Alto, CA, 94306 generates $6,504/mo in rent, after a $6,901/mo payment. Total monthly income is $6,504/mo. Return on cash invested sits at 12.36% in year one, and rental yield is 5.54% on a $1,410,000 entry. Equity gained on principal adds $9,099/yr, while 5% annual appreciation builds toward $389,557 over five years. Five-year ROI reaches 63.07% and total cumulative return in cash sums $288,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,504/mo property income rather than buyer’s personal income.
Condo
Built in 1962
1,582 sqft lot
$N/A/sqft
$780 monthly 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: Derrick Mar • Christie's Int'l R.E. Sereno
Mls Name: SFAR
Mls Provider:
Mls ID: #425069199
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.