








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Montara at 304 12th St, Montara, CA, 94037 generates $6,959/mo in rent, after a $8,688/mo payment. Total monthly income is $6,959/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 4.7% on a $1,775,000 entry. Equity gained on principal adds $11,454/yr, while 5% annual appreciation builds toward $490,400 over five years. Five-year ROI reaches 59.42% and total cumulative return in cash sums $341,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,959/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
8,700 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94037, Montara, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,048 (100%) |
| Owner Occupied HU | 832 (79.4%) |
| Renter Occupied HU | 168 (16.0%) |
| Vacant Housing Units | 48 ( 4.6%) |
| Median Home Value | $1,635,593 |
| Average Home Value | $1,623,768 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $1,775,000 |
| 2003-06-19 | Sold | $753,000 |
| 1995-10-31 | Sold | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $14209.36 | 0.88% | $1,069,192 | 2.00% |
| 2023-03-13 | $14085.80 | -1.95% | $1,048,228 | 2.00% |
| 2022-03-13 | $14365.80 | 4.92% | $1,027,676 | 2.00% |



Listed by: Jan & Barbara • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81997642
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-13 06:13:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.