16 Drakes View CircleGreenbraeCA94904
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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 Greenbrae at 16 Drakes View Circle, Greenbrae, CA, 94904 offers $3,840/mo rent that, after a $9,099/mo payment. Total monthly income is $3,840/mo. Return on cash invested measures 5.11% in year one, and rental yield stands at 2.48% at a $1,859,000 entry. Equity gained on principal adds $11,996/yr while 5% annual appreciation compounds into $513,607 by year five. Five-year ROI records 23.37% and total cumulative return in cash reaches $140,743. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $9,099/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
2,038 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94904, Greenbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,706 (100%) |
| Owner Occupied HU | 3,277 (57.4%) |
| Renter Occupied HU | 2,102 (36.8%) |
| Vacant Housing Units | 327 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,761,951 |
Housing Distribution
Address Breakdown
Residential
5,493
Single Family
3,682
Multi-Family
1,811
Businesses
409
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Listed by: Margie Esmerian-Smith • Marin Beautiful Homes Real Est
Mls Name: BAREIS
Mls ID: #325095981