58 El Camino Real #315San MateoCA94401
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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
Rental property for sale in San Mateo at 58 El Camino Real #315, San Mateo, CA, 94401 priced at $868,000 pairs $6,187/mo rent with $66/mo cash flow after a $4,248/mo payment. Total monthly income equals $6,187/mo, and annual cash flow comes to $790/yr on $285,572 invested. Return on cash invested is 20.34% in year one, and rental yield stands at 8.55% on a $868,000 basis. Equity gained on principal adds $5,601/yr, and 5% annual appreciation accumulates to $239,812 by year five. Five-year ROI measures 106.24% and total cumulative return in cash reaches $303,405. For financing, Ziffy Mortgage’s DSCR program evaluates $6,187/mo property income against a $4,248/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$752 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Frances Boscacci • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81975386
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-14 23:47:42 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.