66 Newell Rd APT FEast Palo AltoCA94303
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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
Rental property for sale in East Palo Alto at 66 Newell Rd APT F, East Palo Alto, CA, 94303 priced at $757,000 converts $3,756/mo rent into after a $3,705/mo obligation. Total monthly income equals $3,756/mo. Return on cash invested prints 15.59% in year one, and rental yield reads 5.95% against a $757,000 entry. Equity gained on principal adds $4,885/yr, while 5% annual appreciation compiles into $209,145 by year five. Five-year ROI reaches 79.68% and total cumulative return in cash sums $198,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,756/mo property income covering a $3,705/mo payment, not borrower’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94303, Palo Alto, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,452 (100%) |
| Owner Occupied HU | 7,276 (50.3%) |
| Renter Occupied HU | 6,372 (44.1%) |
| Vacant Housing Units | 804 ( 5.6%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,730,310 |
Housing Distribution
Address Breakdown
Residential
14,179
Single Family
10,525
Multi-Family
3,654
Businesses
1,127
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A