270 Channing Way APT 11San 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
Investment property for sale in San Rafael at 270 Channing Way APT 11, San Rafael, CA, 94903 uses $128,423 cash to close to unlock $2,675/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,855/mo, and a $1,896/mo payment keeps the spread at $223/mo. Purchase price stands at $387,400, and rental yield measures 8.84% with $2,855/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $107,031 over five years. Five-year ROI reaches 114.79% and total cumulative return in cash records $147,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,855/mo property income covering a $1,896/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A