1 Flemings CtSausalitoCA94965
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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 Sausalito at 1 Flemings Ct, Sausalito, CA, 94965 priced at $985,000 converts $7,486/mo rent into $810/mo cash flow after a $4,821/mo obligation. Total monthly income equals $7,486/mo, and annual cash flow totals $9,725/yr on $324,065 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 9.12% against a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation compiles into $272,137 by year five. Five-year ROI reaches 120.49% and total cumulative return in cash sums $390,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,486/mo property income covering a $4,821/mo payment, not borrower’s personal income.
Townhouse
Built in 1997
2,618 sqft lot
$N/A/sqft
$405 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94965, Sausalito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 2,788 (43.1%) |
| Renter Occupied HU | 3,080 (47.6%) |
| Vacant Housing Units | 599 ( 9.3%) |
| Median Home Value | $1,660,069 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,111
Single Family
4,028
Multi-Family
2,083
Businesses
1,057
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Listed by: Payam Ghafoori • Compass
Mls Name: SFAR
Mls Provider:
Mls ID: #325035058
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.