928 Peninsula Ave APT 303San MateoCA94401
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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 San Mateo at 928 Peninsula Ave APT 303, San Mateo, CA, 94401 uses $139,230 cash to close to unlock $6,834/yr annual cash flow and $570/mo monthly cash flow. Total monthly income runs $3,168/mo, and a $2,056/mo payment keeps the spread at $570/mo. Purchase price stands at $420,000, and rental yield measures 9.05% with $3,168/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 129.17% and total cumulative return in cash records $179,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,168/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94401, San Mateo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,445 (100%) |
| Owner Occupied HU | 5,284 (39.3%) |
| Renter Occupied HU | 7,313 (54.4%) |
| Vacant Housing Units | 848 ( 6.3%) |
| Median Home Value | $1,290,449 |
| Average Home Value | $1,349,689 |
Housing Distribution
Address Breakdown
Residential
13,397
Single Family
5,899
Multi-Family
7,498
Businesses
1,487
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Listed by: Cindy Moscaret • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82020243