266 Laguna DrLa HondaCA94020
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 266 Laguna Dr, La Honda, CA, 94020 in La Honda: $7,068/mo in rent, $2,073/mo net, 11.49% gross yield, all on a $738,000 acquisition. The 2.13 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $203,896 in value, and $6,797/yr in principal paydown steadily builds equity. Projected total cumulative return: $415,032.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.5% |
| Monthly Cash Flow | $2,073 | $1,200 |
City averages based on La Honda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,068 |
| Total Monthly Debt Service | $4,702 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.43 Acres lot
$N/A/sqft
$430 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94020, La Honda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 521 (58.7%) |
| Renter Occupied HU | 266 (30.0%) |
| Vacant Housing Units | 101 (11.4%) |
| Median Home Value | $1,534,091 |
| Average Home Value | $1,485,480 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1940
0.43 Acres lot
$N/A/sqft
$430 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94020, La Honda, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 521 (58.7%) |
| Renter Occupied HU | 266 (30.0%) |
| Vacant Housing Units | 101 (11.4%) |
| Median Home Value | $1,534,091 |
| Average Home Value | $1,485,480 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices