24 Boardwalk OneLarkspurCA94939
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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 Larkspur at 24 Boardwalk One, Larkspur, CA, 94939 uses $287,875 cash to close to unlock $28,641/yr annual cash flow and $2,387/mo monthly cash flow. Total monthly income runs $7,800/mo, and a $4,283/mo payment keeps the spread at $2,387/mo. Purchase price stands at $875,000, and rental yield measures 10.7% with $7,800/mo rent. Return on cash invested shows 30.01% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 156.97% and total cumulative return in cash records $451,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,800/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1930
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94939, Larkspur, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,732 (100%) |
| Owner Occupied HU | 1,904 (51.0%) |
| Renter Occupied HU | 1,568 (42.0%) |
| Vacant Housing Units | 260 ( 7.0%) |
| Median Home Value | $1,912,162 |
| Average Home Value | $1,769,262 |
Housing Distribution
Address Breakdown
Residential
3,595
Single Family
2,143
Multi-Family
1,452
Businesses
438
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Listed by: Eric Schmitt • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325094521