21267 Heron DriveBodega BayCA94923
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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
Investment property for sale in Bodega Bay at 21267 Heron Drive, Bodega Bay, CA, 94923 offers a 4.89% rental yield on a $1,825,000 purchase with $7,440/mo rent. 56% in year one. Equity gained on principal adds $11,776/yr while 5% annual appreciation supports $504,214 over five years. Portfolio math shows five-year ROI at 63.32% and total cumulative return in cash at $374,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,440/mo property income against a $8,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
5,998 sqft lot
$N/A/sqft
No 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
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Listed by: Thera A Buttaro • Sonoma Coast Living
Mls Name: BAREIS
Mls ID: #325080157