600 El Camino Real UNIT 315BelmontCA94002
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 600 El Camino Real UNIT 315, Belmont, CA, 94002 in Belmont fits: $848,000, 5.48% gross yield, and a projected 5% annual appreciation rate adding $234,287 in value within five years. Rental yield 5.48%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.02) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,810/yr in principal paydown and $234,287 in appreciation project a total return of $233,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 4.5% |
| Monthly Cash Flow | $(1,370) | $700 |
City averages based on Belmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,876 |
| Total Monthly Debt Service | $4,908 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
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 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vivian Shao • Green Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82020930