441 Cork Harbour Cir APT BRedwood CityCA94065
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 441 Cork Harbour Cir APT B, Redwood City, CA, 94065 in Redwood City is narrow, $150/mo net on $7,662/mo rent after the $4,937/mo debt service, but the property operates at break-even-plus, not a loss. At $1,098,000 with a 8.37% yield, the long-run equity case via 5% appreciation ($303,357 over five years) and $10,113/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $429,099.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.0% |
| Monthly Cash Flow | $150 | $300 |
City averages based on Redwood City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,662 |
| Total Monthly Debt Service | $7,076 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
$720 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94065, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,201 (100%) |
| Owner Occupied HU | 3,360 (64.6%) |
| Renter Occupied HU | 1,670 (32.1%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $1,898,719 |
| Average Home Value | $1,764,502 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
3,385
Multi-Family
1,843
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$720 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94065, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,201 (100%) |
| Owner Occupied HU | 3,360 (64.6%) |
| Renter Occupied HU | 1,670 (32.1%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $1,898,719 |
| Average Home Value | $1,764,502 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
3,385
Multi-Family
1,843
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices