76 Eddystone CtRedwood CityCA94065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Redwood City at 76 Eddystone Ct, Redwood City, CA, 94065 offers $3,767/mo rent that, after a $4,649/mo payment. Total monthly income is $3,767/mo. Return on cash invested measures 9.85% in year one, and rental yield stands at 4.76% at a $949,900 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,440 by year five. Five-year ROI records 49.6% and total cumulative return in cash reaches $155,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,767/mo property income versus a $4,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94065, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,201 (100%) |
| Owner Occupied HU | 3,360 (64.6%) |
| Renter Occupied HU | 1,670 (32.1%) |
| Vacant Housing Units | 171 ( 3.3%) |
| Median Home Value | $1,898,719 |
| Average Home Value | $1,764,502 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
3,385
Multi-Family
1,843
Businesses
284
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Listed by: Ann Yu Shan Hsu • RE/MAX Gold Redwood Shores.
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81980303
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-16 03:31:38 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.