10 Pedrini WayLagunitasCA94938
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play10 Pedrini Way, Lagunitas, CA, 94938 in Lagunitas is priced for appreciation, not yield. Rental yield 5.29%. At $1,069,000 with a 5.29% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $295,345 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.98) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $283,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.0% |
| Monthly Cash Flow | $(1,899) | $1,500 |
City averages based on Lagunitas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,714 |
| Total Monthly Debt Service | $6,188 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1963
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94938, Lagunitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 280 (100%) |
| Owner Occupied HU | 172 (61.4%) |
| Renter Occupied HU | 83 (29.6%) |
| Vacant Housing Units | 25 ( 8.9%) |
| Median Home Value | $1,070,588 |
| Average Home Value | $1,104,651 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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
Multi Family
Built in 1963
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94938, Lagunitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 280 (100%) |
| Owner Occupied HU | 172 (61.4%) |
| Renter Occupied HU | 83 (29.6%) |
| Vacant Housing Units | 25 ( 8.9%) |
| Median Home Value | $1,070,588 |
| Average Home Value | $1,104,651 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BAREIS
Mls ID: #326026508