16 Main DockSausalitoCA94965
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 16 Main Dock, Sausalito, CA, 94965 in Sausalito fits: $1,195,000, 4.26% gross yield, and a projected 5% annual appreciation rate adding $330,156 in value within five years. Rental yield 4.26%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.79) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $11,006/yr in principal paydown and $330,156 in appreciation project a total return of $250,411.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.0% |
| Monthly Cash Flow | $(3,150) | $2,500 |
City averages based on Sausalito market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,242 |
| Total Monthly Debt Service | $6,917 |
| DSCR Ratio | 0.61x |
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.
Manufactured
Built in 2001
583.70 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94965, Sausalito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 2,788 (43.1%) |
| Renter Occupied HU | 3,080 (47.6%) |
| Vacant Housing Units | 599 ( 9.3%) |
| Median Home Value | $1,660,069 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,111
Single Family
4,028
Multi-Family
2,083
Businesses
1,057
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
Manufactured
Built in 2001
583.70 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94965, Sausalito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 2,788 (43.1%) |
| Renter Occupied HU | 3,080 (47.6%) |
| Vacant Housing Units | 599 ( 9.3%) |
| Median Home Value | $1,660,069 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,111
Single Family
4,028
Multi-Family
2,083
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Sekhon • Compass
Mls Name: BAREIS
Mls ID: #325086795