16 Salix AvenueWoodacreCA94973
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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 Woodacre at 16 Salix Avenue, Woodacre, CA, 94973 priced at $1,149,000 converts $5,106/mo rent into after a $5,624/mo obligation. Total monthly income equals $5,106/mo. Return on cash invested prints 13.92% in year one, and rental yield reads 5.33% against a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation compiles into $317,448 by year five. Five-year ROI reaches 70.6% and total cumulative return in cash sums $262,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,106/mo property income covering a $5,624/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94973, Woodacre, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 494 (70.2%) |
| Renter Occupied HU | 165 (23.4%) |
| Vacant Housing Units | 45 ( 6.4%) |
| Median Home Value | $1,253,555 |
| Average Home Value | $1,321,189 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
64
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Listed by: Jason O Holmes • Holmes Burrell Real Estate
Mls Name: BAREIS
Mls ID: #325071861