110 Alta AvenueLagunitasCA94938
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 110 Alta Avenue, Lagunitas, CA, 94938 in Lagunitas delivers $6,566/mo in gross rent and $1,067/mo in net monthly income at a $889,000 entry. The 8.86% yield and 1.64 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $245,614 over five years and $8,188/yr in equity from loan paydown, total projected return is $405,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.0% |
| Monthly Cash Flow | $1,067 | $1,500 |
City averages based on Lagunitas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,566 |
| Total Monthly Debt Service | $5,146 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1978
0.60 Acres 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
Single Family
Built in 1978
0.60 Acres 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: Michael M Cusick • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325083618