922 Beach Park Blvd APT 29Foster 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 922 Beach Park Blvd APT 29, Foster City, CA, 94404 generates $4,451/mo in rent, after a $4,307/mo payment. Total monthly income is $4,451/mo. Return on cash invested sits at 11.8% in year one, and rental yield is 6.07% on a $880,000 entry. Equity gained on principal adds $5,679/yr, while 5% annual appreciation builds toward $243,128 over five years. Five-year ROI reaches 60.86% and total cumulative return in cash sums $176,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,451/mo property income rather than buyer’s personal income.
Condo
Built in 1973
9.06 Acres lot
$N/A/sqft
$686 monthly 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: Shuang Li • Red Fox Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81967958
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-17 23:36:32 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.