656 Cedar St #3San CarlosCA94070
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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 Carlos at 656 Cedar St #3, San Carlos, CA, 94070 earns from $6,263/mo rent with a $6,431/mo payment. Total monthly income totals $6,263/mo. ROI tracks 15.11% on current figures, and rental yield reads 5.72% at a $1,313,888 purchase. Equity gained on principal adds $8,478/yr, and 5% annual appreciation supports $363,003 over five years. Five-year ROI reaches 77.01% and total cumulative return in cash sums $327,848. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,263/mo property income instead of your personal income.
Condo
Built in 1985
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94070, San Carlos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,540 (67.9%) |
| Renter Occupied HU | 3,549 (28.2%) |
| Vacant Housing Units | 497 ( 3.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,849,212 |
Housing Distribution
Address Breakdown
Residential
12,507
Single Family
9,424
Multi-Family
3,083
Businesses
2,179
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Listed by: Robert Luecke • ShopProp Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82017364