443 Lomita AveMillbraeCA94030
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
Investment Highlights
Rental property for sale in Millbrae at 443 Lomita Ave, Millbrae, CA, 94030 priced at $1,398,000 pairs $5,089/mo rent with after a $6,843/mo payment. Total monthly income equals $5,089/mo. Return on cash invested is 10.94% in year one, and rental yield stands at 4.37% on a $1,398,000 basis. Equity gained on principal adds $9,021/yr, and 5% annual appreciation accumulates to $386,242 by year five. Five-year ROI measures 54.64% and total cumulative return in cash reaches $247,503. For financing, Ziffy Mortgage’s DSCR program evaluates $5,089/mo property income against a $6,843/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
5,456 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94030, Millbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,118 (100%) |
| Owner Occupied HU | 5,259 (57.7%) |
| Renter Occupied HU | 3,427 (37.6%) |
| Vacant Housing Units | 432 ( 4.7%) |
| Median Home Value | $1,855,489 |
| Average Home Value | $1,738,692 |
Housing Distribution
Address Breakdown
Residential
9,045
Single Family
5,999
Multi-Family
3,046
Businesses
787
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Baker • Omarshall, Inc
Mls Name: MLSListings Inc
Mls ID: #ML82022667