935 Old County Rd UNIT 42BelmontCA94002
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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 Belmont at 935 Old County Rd UNIT 42, Belmont, CA, 94002 generates $5,714/mo in rent, after a $5,629/mo payment. Total monthly income is $5,714/mo. Return on cash invested sits at 15.86% in year one, and rental yield is 5.96% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 81.03% and total cumulative return in cash sums $301,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,714/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94002, Belmont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,725 (100%) |
| Owner Occupied HU | 6,363 (54.3%) |
| Renter Occupied HU | 4,489 (38.3%) |
| Vacant Housing Units | 873 ( 7.4%) |
| Median Home Value | $1,890,903 |
| Average Home Value | $1,800,842 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,443
Multi-Family
3,722
Businesses
1,062
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Listed by: Holly Noto • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82017257