61 Orchard AveRedwood CityCA94061
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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 Redwood City at 61 Orchard Ave, Redwood City, CA, 94061 with 5% annual appreciation on a $1,875,000 basis while $8,016/mo rent supports operations. 29% in year one. Equity gained on principal adds $12,099/yr, and five-year appreciation sums $518,028 alongside rental yield of 5.13%. Five-year ROI measures 67.26% and total cumulative return in cash totals $408,626. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,016/mo property income versus a $9,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
4,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94061, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,257 (100%) |
| Owner Occupied HU | 6,693 (46.9%) |
| Renter Occupied HU | 6,771 (47.5%) |
| Vacant Housing Units | 793 ( 5.6%) |
| Median Home Value | $1,845,411 |
| Average Home Value | $1,757,510 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
10,108
Multi-Family
4,019
Businesses
462
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Listed by: Joseph Rodden • Berkshire Hathaway HomeServices DrysdaleProperties
Mls Name: MLSListings Inc
Mls ID: #ML82029048