850 Erickson LnFoster CityCA94404
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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 Foster City at 850 Erickson Ln, Foster City, CA, 94404 priced at $1,288,000 converts $5,344/mo rent into after a $6,304/mo obligation. Total monthly income equals $5,344/mo. Return on cash invested prints 12.83% in year one, and rental yield reads 4.98% against a $1,288,000 entry. Equity gained on principal adds $8,311/yr, while 5% annual appreciation compiles into $355,851 by year five. Five-year ROI reaches 64.76% and total cumulative return in cash sums $270,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,344/mo property income covering a $6,304/mo payment, not borrower’s personal income.
Townhouse
Built in 1974
2,352 sqft 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: Andy Gan • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls ID: #ML82014759