53 Madera AveSan CarlosCA94070
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 San Carlos at 53 Madera Ave, San Carlos, CA, 94070 offers $4,813/mo rent that, after a $9,779/mo payment. Total monthly income is $4,813/mo. Return on cash invested measures 6.38% in year one, and rental yield stands at 2.89% at a $1,998,000 entry. Equity gained on principal adds $12,893/yr while 5% annual appreciation compounds into $552,011 by year five. Five-year ROI records 30.19% and total cumulative return in cash reaches $195,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,813/mo property income versus a $9,779/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
5,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94070, San Carlos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,540 (67.9%) |
| Renter Occupied HU | 3,549 (28.2%) |
| Vacant Housing Units | 497 ( 3.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,849,212 |
Housing Distribution
Address Breakdown
Residential
12,507
Single Family
9,424
Multi-Family
3,083
Businesses
2,179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Celotti • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82022963