555 Palm Ave APT 207MillbraeCA94030
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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 Millbrae at 555 Palm Ave APT 207, Millbrae, CA, 94030 earns from $5,369/mo rent with a $4,846/mo payment. Total monthly income totals $5,369/mo. ROI tracks 17.28% on current figures, and rental yield reads 6.51% at a $990,000 purchase. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 over five years. Five-year ROI reaches 88.69% and total cumulative return in cash sums $288,872. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,369/mo property income instead of your personal income.
Condo
Built in 1975
N/A 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
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Listed by: John Pang • Realty One Group Extreme
Mls Name: MLSListings Inc
Mls ID: #ML82022653