603 Warrington AveRedwood CityCA94063
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
Investment property for sale in Redwood City at 603 Warrington Ave, Redwood City, CA, 94063 with 5% annual appreciation on a $999,000 basis while $5,276/mo rent supports operations. 76% in year one. Equity gained on principal adds $6,446/yr, and five-year appreciation sums $276,005 alongside rental yield of 6.34%. Five-year ROI measures 85.91% and total cumulative return in cash totals $282,362. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,276/mo property income versus a $4,890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94063, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,793 (100%) |
| Owner Occupied HU | 3,502 (25.4%) |
| Renter Occupied HU | 8,853 (64.2%) |
| Vacant Housing Units | 1,438 (10.4%) |
| Median Home Value | $1,224,286 |
| Average Home Value | $1,173,973 |
Housing Distribution
Address Breakdown
Residential
12,526
Single Family
6,026
Multi-Family
6,500
Businesses
2,470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amelia Middel • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82022031