657 2nd AveRedwood CityCA94063
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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
Total monthly income runs $4,622/mo, and a $6,240/mo payment. Purchase price stands at $1,275,000, and rental yield measures 4.35% with $4,622/mo rent. Return on cash invested shows 10.89% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 54.36% and total cumulative return in cash records $224,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,622/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Single Family
Built in 1966
7,742 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
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Listed by: Silvano Loayza • Loayza Real Estate, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82025712