24 Sylvan WayWoodacreCA94973
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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
Rental property for sale in Woodacre at 24 Sylvan Way, Woodacre, CA, 94973 generates $5,940/mo in rent and, after a $4,283/mo payment, leaves $294/mo in cash flow. Total monthly income is $5,940/mo, and annual cash flow is $3,530/yr on $287,875 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.15% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 110.55% and total cumulative return in cash sums $318,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94973, Woodacre, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 494 (70.2%) |
| Renter Occupied HU | 165 (23.4%) |
| Vacant Housing Units | 45 ( 6.4%) |
| Median Home Value | $1,253,555 |
| Average Home Value | $1,321,189 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
64
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Listed by: Mary Kay Yamamoto • RE/MAX of Central Marin
Mls Name: BAREIS
Mls Provider:
Mls ID: #324067690
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.