181 Canyon RdFairfaxCA94930
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
Investment Highlights
Rental property for sale in Fairfax at 181 Canyon Rd, Fairfax, CA, 94930 priced at $1,195,000 pairs $6,488/mo rent with after a $5,849/mo payment. Total monthly income equals $6,488/mo. Return on cash invested is 16.77% in year one, and rental yield stands at 6.52% on a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and 5% annual appreciation accumulates to $330,156 by year five. Five-year ROI measures 86.18% and total cumulative return in cash reaches $333,674. For financing, Ziffy Mortgage’s DSCR program evaluates $6,488/mo property income against a $5,849/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94930, Fairfax, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,972 (100%) |
| Owner Occupied HU | 2,494 (62.8%) |
| Renter Occupied HU | 1,225 (30.8%) |
| Vacant Housing Units | 253 ( 6.4%) |
| Median Home Value | $1,274,714 |
| Average Home Value | $1,360,223 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,402
Multi-Family
399
Businesses
250
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Nearby investment properties with comparable prices
Listed by: Karen Schneider • Rivet Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #324064659
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.