667 Kelmore StMoss BeachCA94038
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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 Moss Beach at 667 Kelmore St, Moss Beach, CA, 94038 priced at $1,785,000 converts $5,888/mo rent into after a $8,737/mo obligation. Total monthly income equals $5,888/mo. Return on cash invested prints 9.46% in year one, and rental yield reads 3.96% against a $1,785,000 entry. Equity gained on principal adds $11,518/yr, while 5% annual appreciation compiles into $493,163 by year five. Five-year ROI reaches 46.78% and total cumulative return in cash sums $270,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,888/mo property income covering a $8,737/mo payment, not borrower’s personal income.
Single Family
Built in 1972
5,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94038, Moss Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,099 (100%) |
| Owner Occupied HU | 847 (77.1%) |
| Renter Occupied HU | 171 (15.6%) |
| Vacant Housing Units | 81 ( 7.4%) |
| Median Home Value | $1,445,341 |
| Average Home Value | $1,399,274 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
769
Multi-Family
0
Businesses
65
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Price change | $1,785,000 |
| 2024-09-06 | Price change | $1,835,000 |
| 2024-08-24 | Listed for sale | $1,885,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $14633.80 | 1.39% | $1,106,478 | 2.00% |
| 2022-10-18 | $14433.12 | 1.72% | $1,084,784 | 2.00% |
| 2021-10-18 | $14188.50 | -0.37% | $1,063,514 | 1.04% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1972
- Architectural Style: N/A
- Building Area: 3,240
- Living Area: 3,240 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central Forced Air Gas
- Cooling: None
- Flooring: Carpet, Hardwood, Tile
- Interior Features: High Ceilings
- Exterior Features: Back Yard, Fenced
- Parking Features: Attached, Off Street
Location
- City: Moss Beach
- State: CA
- Subdivision: N/A
- Lot Size: 5,000 sqft
- Lot Features: N/A
- View: Ocean
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public Utilities, Water Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Helen Aragoni • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81977494
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-17 22:36:37 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.