777 Morrell Ave APT 302BurlingameCA94010
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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
Total monthly income runs $2,978/mo, and a $3,416/mo payment. Purchase price stands at $698,000, and rental yield measures 5.12% with $2,978/mo rent. Return on cash invested shows 13.06% in year one, and 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 66.08% and total cumulative return in cash records $151,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,978/mo property income covering a $3,416/mo payment rather than investor’s personal income.
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94010, Burlingame, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,511 (100%) |
| Owner Occupied HU | 9,643 (52.1%) |
| Renter Occupied HU | 7,508 (40.6%) |
| Vacant Housing Units | 1,360 ( 7.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,983,009 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
11,427
Multi-Family
6,193
Businesses
2,322
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Listed by: Joy M. Liu • Helm Real Estate
Mls Name: SFAR
Mls ID: #425071099