18 Redwood AveCorte MaderaCA94925
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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 Corte Madera at 18 Redwood Ave, Corte Madera, CA, 94925 priced at $899,000 pairs $8,501/mo rent with $1,704/mo cash flow after a $4,400/mo payment. Total monthly income equals $8,501/mo, and annual cash flow comes to $20,445/yr on $295,771 invested. Return on cash invested is 26.97% in year one, and rental yield stands at 11.35% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 142.5% and total cumulative return in cash reaches $421,462. For financing, Ziffy Mortgage’s DSCR program evaluates $8,501/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1962
3,720 sqft lot
$N/A/sqft
$800 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94925, Corte Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,631 (61.5%) |
| Renter Occupied HU | 1,410 (33.0%) |
| Vacant Housing Units | 235 ( 5.5%) |
| Median Home Value | $1,805,878 |
| Average Home Value | $1,713,538 |
Housing Distribution
Address Breakdown
Residential
4,071
Single Family
3,420
Multi-Family
651
Businesses
532
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Nearby investment properties with comparable prices
Listed by: Megan Pomponio • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324061542
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.