823 Altaire WalkPalo 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
Investment property for sale in Palo Alto at 823 Altaire Walk, Palo Alto, CA, 94303 listed at $1,998,000 pairs $7,295/mo rent with a $9,779/mo payment. Total monthly income runs $7,295/mo. Return on cash invested measures 10.98% in year one, and rental yield registers 4.38% at a $1,998,000 basis. Equity gained on principal adds $12,893/yr, and annual property appreciation at 5% supports $552,011 by year five. Five-year ROI tracks 54.87% and total cumulative return in cash totals $355,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,295/mo property income relative to a $9,779/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2010
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: Daniel Xi • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82030571