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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in El Granada at 230 Madrid Ave, El Granada, CA, 94018 priced at $1,595,000 pairs $5,560/mo rent with after a $7,807/mo payment. Total monthly income equals $5,560/mo. Return on cash invested is 10.37% in year one, and rental yield stands at 4.18% on a $1,595,000 basis. Equity gained on principal adds $10,292/yr, and 5% annual appreciation accumulates to $440,669 by year five. Five-year ROI measures 51.57% and total cumulative return in cash reaches $266,525. For financing, Ziffy Mortgage’s DSCR program evaluates $5,560/mo property income against a $7,807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94018, El Granada, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 1,148 (69.2%) |
| Renter Occupied HU | 417 (25.2%) |
| Vacant Housing Units | 93 ( 5.6%) |
| Median Home Value | $1,471,751 |
| Average Home Value | $1,591,544 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
100
Date | Event | Price |
|---|---|---|
| 2025-01-01 | Listed for sale | $1,595,000 |
| 2023-05-09 | Sold | $1,100,000 |
| 2006-09-15 | Sold | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $11539.82 | 1.09% | $965,812 | 2.00% |
| 2022-01-08 | $11415.42 | 0.07% | $946,876 | 2.00% |
| 2021-01-08 | $11407.64 | 0.03% | $928,310 | 1.04% |
Listed by: Rich Macario • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81989184
Disclaimer: Based on information from the MLSListings MLS as of 2025-01-07 22:51:35 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
