701 2nd Ave #6San MateoCA94401
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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 701 2nd Ave #6, San Mateo, CA, 94401 listed at $1,588,000 pairs $5,732/mo rent with a $7,772/mo payment. Total monthly income runs $5,732/mo. Return on cash invested measures 10.83% in year one, and rental yield registers 4.33% at a $1,588,000 basis. Equity gained on principal adds $10,247/yr, and annual property appreciation at 5% supports $438,735 by year five. Five-year ROI tracks 54.04% and total cumulative return in cash totals $278,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,732/mo property income relative to a $7,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Lawrence Lee • CENTURY 21 Masters
Mls Name: MLSListings Inc
Mls ID: #ML82013393