987 Laurel StSan CarlosCA94070
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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 Carlos at 987 Laurel St, San Carlos, CA, 94070 listed at $1,800,000 pairs $4,903/mo rent with a $8,810/mo payment. Total monthly income runs $4,903/mo. Return on cash invested measures 7.55% in year one, and rental yield registers 3.27% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 36.44% and total cumulative return in cash totals $212,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,903/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1946
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94070, San Carlos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,540 (67.9%) |
| Renter Occupied HU | 3,549 (28.2%) |
| Vacant Housing Units | 497 ( 3.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,849,212 |
Housing Distribution
Address Breakdown
Residential
12,507
Single Family
9,424
Multi-Family
3,083
Businesses
2,179
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Listed by: Alexander Kent • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82027747