707 Fathom DrSan MateoCA94404
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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 San Mateo at 707 Fathom Dr, San Mateo, CA, 94404 offers $6,224/mo rent that, after a $3,108/mo payment, leaves $2,296/mo cash flow. Total monthly income is $6,224/mo, and annual cash flow is $27,549/yr on $208,915 cash. Return on cash invested measures 33.25% in year one, and rental yield stands at 11.76% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 174.33% and total cumulative return in cash reaches $364,196. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,224/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94404, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 7,887 (50.1%) |
| Renter Occupied HU | 7,029 (44.6%) |
| Vacant Housing Units | 828 ( 5.3%) |
| Median Home Value | $1,706,614 |
| Average Home Value | $1,659,800 |
Housing Distribution
Address Breakdown
Residential
15,397
Single Family
10,037
Multi-Family
5,360
Businesses
793
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Listed by: Ruba Kaileh • Sotheby's Intl Rlty
Mls Name: MLSListings Inc
Mls ID: #ML82026118