530 El Camino Real APT 302BurlingameCA94010
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 530 El Camino Real APT 302, Burlingame, CA, 94010 in Burlingame. At $1,088,000 it earns $7,889/mo in rent and distributes $608/mo to the owner after the $4,892/mo payment, a consistent 8.7% yield. DSCR 1.61 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $300,594 in value; $10,021/yr in principal paydown compounds ownership stake. Total projected return: $454,111.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.0% |
| Monthly Cash Flow | $608 | $800 |
City averages based on Burlingame market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,889 |
| Total Monthly Debt Service | $6,848 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2000
N/A lot
$N/A/sqft
$353 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94010, Burlingame, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 9,643 (52.1%) |
| Renter Occupied HU | 7,508 (40.6%) |
| Vacant Housing Units | 1,360 ( 7.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,983,009 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
11,427
Multi-Family
6,193
Businesses
2,322
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
Condo
Built in 2000
N/A lot
$N/A/sqft
$353 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94010, Burlingame, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 9,643 (52.1%) |
| Renter Occupied HU | 7,508 (40.6%) |
| Vacant Housing Units | 1,360 ( 7.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,983,009 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
11,427
Multi-Family
6,193
Businesses
2,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices