976 2nd AveRedwood CityCA94063
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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 976 2nd Ave, Redwood City, CA, 94063 earns from $7,063/mo rent with a $8,066/mo payment. Total monthly income totals $7,063/mo. ROI tracks 13.33% on current figures, and rental yield reads 5.14% at a $1,648,000 purchase. Equity gained on principal adds $10,634/yr, and 5% annual appreciation supports $455,312 over five years. Five-year ROI reaches 67.47% and total cumulative return in cash sums $360,265. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,063/mo property income instead of your personal income.
Single Family
Built in 1946
5,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94063, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,793 (100%) |
| Owner Occupied HU | 3,502 (25.4%) |
| Renter Occupied HU | 8,853 (64.2%) |
| Vacant Housing Units | 1,438 (10.4%) |
| Median Home Value | $1,224,286 |
| Average Home Value | $1,173,973 |
Housing Distribution
Address Breakdown
Residential
12,526
Single Family
6,026
Multi-Family
6,500
Businesses
2,470
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Listed by: Jessica Eva • Golden Gate Sotheby's International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82028889