856 Lakeshore DrRedwood CityCA94065
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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 Redwood City at 856 Lakeshore Dr, Redwood City, CA, 94065 listed at $1,698,000 pairs $5,580/mo rent with a $8,311/mo payment. Total monthly income runs $5,580/mo. Return on cash invested measures 9.63% in year one, and rental yield registers 3.94% at a $1,698,000 basis. Equity gained on principal adds $10,957/yr, and annual property appreciation at 5% supports $469,126 by year five. Five-year ROI tracks 47.61% and total cumulative return in cash totals $261,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,580/mo property income relative to a $8,311/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No 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: SALA Homes Group • SALA Homes Realty & Development
Mls Name: MLSListings Inc
Mls ID: #ML81993459