1968 Sea WayBodega BayCA94923
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1968 Sea Way, Bodega Bay, CA, 94923 in Bodega Bay speaks for itself: 16.57% gross on a $415,000 price, generating $5,729/mo in rent and $2,789/mo in net income after the $1,866/mo debt service. DSCR 3.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $33,462 stacks alongside $114,657 in projected five-year appreciation and $3,822/yr in principal reduction. Projected total cumulative return: $338,439.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.6% | 6.2% |
| Monthly Cash Flow | $2,789 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,729 |
| Total Monthly Debt Service | $2,775 |
| DSCR Ratio | 2.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Lot
Built in N/A
8,276 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94923, Bodega Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 463 (34.6%) |
| Renter Occupied HU | 146 (10.9%) |
| Vacant Housing Units | 729 (54.5%) |
| Median Home Value | $1,281,762 |
| Average Home Value | $1,365,443 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
76
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
Lot
Built in N/A
8,276 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94923, Bodega Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 463 (34.6%) |
| Renter Occupied HU | 146 (10.9%) |
| Vacant Housing Units | 729 (54.5%) |
| Median Home Value | $1,281,762 |
| Average Home Value | $1,365,443 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis Vail • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #323030544
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.