453 Cork Harbour Cir APT ERedwood CityCA94065
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 Redwood City at 453 Cork Harbour Cir APT E, Redwood City, CA, 94065 at $710,000 posts ROI 27.11% with $1,373/mo cash flow from $5,765/mo rent. Total monthly income equals $5,765/mo, and annual cash flow records $16,475/yr on $233,590 to close. Return on cash invested measures 27.11% and rental yield reads 9.74% at the current $710,000. Equity gained on principal adds $4,582/yr, and 5% annual appreciation supports $196,160 by year five. Five-year ROI prints 141.43% and total cumulative return in cash totals $330,371.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
836 sqft lot
$N/A/sqft
No 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
Listed by: Philip Watson • Christie's International Real Estate Sereno
Mls Name: MLSListings Inc
Mls ID: #ML82031985