464 Clinton St APT 309Redwood CityCA94062
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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 Redwood City at 464 Clinton St APT 309, Redwood City, CA, 94062 earns $278/mo cash flow from $3,062/mo rent with a $2,203/mo payment. Total monthly income totals $3,062/mo, and annual cash flow totals $3,333/yr on $149,175 capital. ROI tracks 22.14% on current figures, and rental yield reads 8.17% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 114.82% and total cumulative return in cash sums $171,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,062/mo property income instead of your personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94062, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,468 (100%) |
| Owner Occupied HU | 7,167 (68.5%) |
| Renter Occupied HU | 2,645 (25.3%) |
| Vacant Housing Units | 656 ( 6.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,916,222 |
Housing Distribution
Address Breakdown
Residential
10,312
Single Family
9,246
Multi-Family
1,066
Businesses
563
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Listed by: Nicholas Johnson • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82019653