1161 Tamarind St, Montara, CA, 94037 | 4.62% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Montara at 1161 Tamarind St, Montara, CA, 94037 generates $5,382/mo in rent, after a $6,843/mo payment. Total monthly income is $5,382/mo. Return on cash invested sits at 11.72% in year one, and rental yield is 4.62% on a $1,398,000 entry. Equity gained on principal adds $9,021/yr, while 5% annual appreciation builds toward $386,242 over five years. Five-year ROI reaches 58.8% and total cumulative return in cash sums $266,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,382/mo property income rather than buyer’s personal income.

Single Family

Built in 1961

7,650 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for a great single level home? Or, do you need some space for an in-law unit? Do you want to make this a duplex? So many options! 1161 Tamarind Street is a charming large single-family home nestled in the picturesque coastal town of Montara. With 1,975 square feet of living space this home features 4 bedrooms and 3 full bathrooms, ensuring plenty of room for everyone. Expansive 7,650 square foot lot with ample outdoor space for gardening, entertaining, or simply enjoying the fresh ocean air. Flexible layout of this property allows for it to be used as a duplex or as a space for an in-law unit, providing endless possibilities for accommodating extended family or generating rental income. Inside, the cozy fireplace creates a warm and inviting atmosphere, perfect for relaxing evenings. The well-designed kitchen and living areas offer a smart flow that enhances daily living. And with included parking, convenience is at your doorstep. Near amazing walking trails at Rancho Corral De Tierra and Montara Mountain, Farallone View Elementary, and the "Alpaca Farm". Don't miss the opportunity to make this versatile and welcoming home your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 94037, Montara, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,048 (100%)
Owner Occupied HU	832 (79.4%)
Renter Occupied HU	168 (16.0%)
Vacant Housing Units	48 ( 4.6%)
Median Home Value	$1,635,593
Average Home Value	$1,623,768