773 Loma Verde Ave APT APalo 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 Palo Alto at 773 Loma Verde Ave APT A, Palo Alto, CA, 94303 priced at $1,798,000 converts $7,153/mo rent into after a $8,800/mo obligation. Total monthly income equals $7,153/mo. Return on cash invested prints 12.19% in year one, and rental yield reads 4.77% against a $1,798,000 entry. Equity gained on principal adds $11,602/yr, while 5% annual appreciation compiles into $496,754 by year five. Five-year ROI reaches 61.36% and total cumulative return in cash sums $357,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,153/mo property income covering a $8,800/mo payment, not borrower’s personal income.
Condo
Built in 1985
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: Lynne Mercer, CRS • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82014887