Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Inverness at 1 Drake Way, Inverness, CA, 94937 generates $3,798/mo in rent, after a $6,950/mo payment. Total monthly income is $3,798/mo. Return on cash invested sits at 6.43% in year one, and rental yield is 3.21% on a $1,420,000 entry. Equity gained on principal adds $9,163/yr, while 5% annual appreciation builds toward $392,320 over five years. Five-year ROI reaches 30.8% and total cumulative return in cash sums $141,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,798/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94937, Inverness, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 876 (100%) |
| Owner Occupied HU | 332 (37.9%) |
| Renter Occupied HU | 202 (23.1%) |
| Vacant Housing Units | 342 (39.0%) |
| Median Home Value | $1,795,082 |
| Average Home Value | $1,674,036 |
Residential
42
Single Family
42
Multi-Family
0
Businesses
30
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $1,420,000 |
| 2025-06-11 | Pending sale | $1,195,000 |
| 2025-06-02 | Listed for sale | $1,195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-09 | N/A | N/A | $1,348,696 | 2.00% |
| 2024-10-09 | $14947.82 | 1.96% | $1,322,253 | 2.00% |
| 2023-10-09 | $14660.10 | 1.10% | $1,296,335 | 2.00% |
Listed by: Lotte and Sarah • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #325040042
Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
