447 Homer AvePalo AltoCA94301
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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 447 Homer Ave, Palo Alto, CA, 94301 earns from $8,069/mo rent with a $9,290/mo payment. Total monthly income totals $8,069/mo. ROI tracks 13.2% on current figures, and rental yield reads 5.1% at a $1,898,000 purchase. Equity gained on principal adds $12,247/yr, and 5% annual appreciation supports $524,382 over five years. Five-year ROI reaches 66.78% and total cumulative return in cash sums $410,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,069/mo property income instead of your personal income.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94301, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,204 (100%) |
| Owner Occupied HU | 3,604 (43.9%) |
| Renter Occupied HU | 3,600 (43.9%) |
| Vacant Housing Units | 1,000 (12.2%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,033,909 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
5,262
Multi-Family
2,555
Businesses
1,013
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Listed by: Heather Lin • Keller Williams Palo Alto
Mls Name: MLSListings Inc
Mls ID: #ML82023374