296 N Almenar DriveKentfieldCA94904
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 296 N Almenar Drive, Kentfield, CA, 94904 in Kentfield is capital appreciation. Rental yield 5.09%. The 5.09% gross yield at $1,365,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $377,124 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.04) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $383,502.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.0% |
| Monthly Cash Flow | $(2,918) | $1,200 |
City averages based on Kentfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,361 |
| Total Monthly Debt Service | $7,901 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1961
10,415 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94904, Greenbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,706 (100%) |
| Owner Occupied HU | 3,277 (57.4%) |
| Renter Occupied HU | 2,102 (36.8%) |
| Vacant Housing Units | 327 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,761,951 |
Housing Distribution
Address Breakdown
Residential
5,493
Single Family
3,682
Multi-Family
1,811
Businesses
409
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 1961
10,415 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94904, Greenbrae, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,706 (100%) |
| Owner Occupied HU | 3,277 (57.4%) |
| Renter Occupied HU | 2,102 (36.8%) |
| Vacant Housing Units | 327 ( 5.7%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,761,951 |
Housing Distribution
Address Breakdown
Residential
5,493
Single Family
3,682
Multi-Family
1,811
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wesley A Mayne • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325060596