256 Adobestone CtSan RafaelCA94903
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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 San Rafael at 256 Adobestone Ct, San Rafael, CA, 94903 offers $5,552/mo rent that, after a $4,968/mo payment. Total monthly income is $5,552/mo. Return on cash invested measures 16.97% in year one, and rental yield stands at 6.56% at a $1,015,000 entry. Equity gained on principal adds $6,550/yr while 5% annual appreciation compounds into $280,426 by year five. Five-year ROI records 87.24% and total cumulative return in cash reaches $286,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,552/mo property income versus a $4,968/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94903, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,861 (100%) |
| Owner Occupied HU | 8,180 (63.6%) |
| Renter Occupied HU | 4,010 (31.2%) |
| Vacant Housing Units | 671 ( 5.2%) |
| Median Home Value | $1,203,742 |
| Average Home Value | $1,243,118 |
Housing Distribution
Address Breakdown
Residential
12,444
Single Family
9,664
Multi-Family
2,780
Businesses
1,458
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Listed by: Hilary Davis • Bay Area Modern Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #324081204
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.