45 Spruce StMillbraeCA94030
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
Investment property for sale in Millbrae at 45 Spruce St, Millbrae, CA, 94030 with 5% annual appreciation on a $889,000 basis while $4,411/mo rent supports operations. 3% in year one. Equity gained on principal adds $5,737/yr, and five-year appreciation sums $245,614 alongside rental yield of 5.95%. Five-year ROI measures 78.19% and total cumulative return in cash totals $228,698. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,411/mo property income versus a $4,351/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
2,500 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: Galina Yusupov • Allegro
Mls Name: SFAR
Mls Provider:
Mls ID: #425008080
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.