112 Forest LnSan RafaelCA94903
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 San Rafael at 112 Forest Ln, San Rafael, CA, 94903 priced at $859,000 pairs $5,266/mo rent with after a $4,204/mo payment. Total monthly income equals $5,266/mo. Return on cash invested is 13.24% in year one, and rental yield stands at 7.36% on a $859,000 basis. Equity gained on principal adds $5,543/yr, and 5% annual appreciation accumulates to $237,326 by year five. Five-year ROI measures 69.44% and total cumulative return in cash reaches $196,239. For financing, Ziffy Mortgage’s DSCR program evaluates $5,266/mo property income against a $4,204/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1963
4,199 sqft lot
$N/A/sqft
$940 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94903, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,861 (100%) |
| Owner Occupied HU | 8,180 (63.6%) |
| Renter Occupied HU | 4,010 (31.2%) |
| Vacant Housing Units | 671 ( 5.2%) |
| Median Home Value | $1,203,742 |
| Average Home Value | $1,243,118 |
Housing Distribution
Address Breakdown
Residential
12,444
Single Family
9,664
Multi-Family
2,780
Businesses
1,458
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Listed by: Julie Upton • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324059765
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.