614 E 16th AveSan MateoCA94402
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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 San Mateo at 614 E 16th Ave, San Mateo, CA, 94402 earns from $5,496/mo rent with a $8,223/mo payment. Total monthly income totals $5,496/mo. ROI tracks 8.13% on current figures, and rental yield reads 3.93% at a $1,680,000 purchase. Equity gained on principal adds $10,841/yr, and 5% annual appreciation supports $464,153 over five years. Five-year ROI reaches 40.12% and total cumulative return in cash sums $218,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,496/mo property income instead of your personal income.
Single Family
Built in 1946
4,685 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94402, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,423 (100%) |
| Owner Occupied HU | 6,188 (54.2%) |
| Renter Occupied HU | 4,581 (40.1%) |
| Vacant Housing Units | 654 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,853,864 |
Housing Distribution
Address Breakdown
Residential
10,477
Single Family
7,593
Multi-Family
2,884
Businesses
1,266
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Listed by: Dan Gilmartin • Gilmartin Group
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81999983
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-28 14:06:28 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.