2130 Redwood Highway #D2GreenbraeCA94904
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 2130 Redwood Highway #D2, Greenbrae, CA, 94904 in Greenbrae, $114,000, 9.07% gross yield, $157/mo net income. Consider it a market-entry position, the $1,068/mo rent covers the $513/mo payment with a margin, and 5%/yr appreciation is projected to add $31,496 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 2.08) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $66,559.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $157 | $1,500 |
City averages based on Greenbrae market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,068 |
| Total Monthly Debt Service | $660 |
| DSCR Ratio | 1.62x |
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.
Manufactured
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94904, Greenbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,706 (100%) |
| Owner Occupied HU | 3,277 (57.4%) |
| Renter Occupied HU | 2,102 (36.8%) |
| Vacant Housing Units | 327 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,761,951 |
Housing Distribution
Address Breakdown
Residential
5,493
Single Family
3,682
Multi-Family
1,811
Businesses
409
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
Manufactured
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94904, Greenbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,706 (100%) |
| Owner Occupied HU | 3,277 (57.4%) |
| Renter Occupied HU | 2,102 (36.8%) |
| Vacant Housing Units | 327 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,761,951 |
Housing Distribution
Address Breakdown
Residential
5,493
Single Family
3,682
Multi-Family
1,811
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Kay Yamamoto • RE/MAX of Central Marin
Mls Name: BAREIS
Mls Provider:
Mls ID: #323039038
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.