21432 Heron Dr, Bodega Bay, CA, 94923 | 6.75% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bodega Bay at 21432 Heron Dr, Bodega Bay, CA, 94923 listed at $1,595,000 pairs $8,977/mo rent with a $7,807/mo payment. Total monthly income runs $8,977/mo. Return on cash invested measures 17.4% in year one, and rental yield registers 6.75% at a $1,595,000 basis. Equity gained on principal adds $10,292/yr, and annual property appreciation at 5% supports $440,669 by year five. Five-year ROI tracks 89.62% and total cumulative return in cash totals $463,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,977/mo property income relative to a $7,807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1988

7,261 sqft lot

$N/A/sqft

$1,164 quarterly 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