0 Larch RdBolinasCA94924
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bolinas at 0 Larch Rd, Bolinas, CA, 94924 priced at $100,000 converts $4,534/mo rent into $3,916/mo cash flow after a $489/mo obligation. Total monthly income equals $4,534/mo, and annual cash flow totals $46,990/yr on $33,150 invested. Return on cash invested prints 161.66% in year one, and rental yield reads 54.41% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 863% and total cumulative return in cash sums $286,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,534/mo property income covering a $489/mo payment, not borrower’s personal income.
Lot
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94924, Bolinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 373 (42.1%) |
| Renter Occupied HU | 282 (31.8%) |
| Vacant Housing Units | 231 (26.1%) |
| Median Home Value | $1,865,741 |
| Average Home Value | $1,721,850 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
54
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Nearby investment properties with comparable prices
Listed by: Lita Collins • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324044090
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.