310 Larkspur Plaza DriveLarkspurCA94939
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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
Investment Highlights
Rental property for sale in Larkspur at 310 Larkspur Plaza Drive, Larkspur, CA, 94939 offers $4,379/mo rent that, after a $3,177/mo payment, leaves $364/mo cash flow. Total monthly income is $4,379/mo, and annual cash flow is $4,364/yr on $213,521 cash. Return on cash invested measures 22.1% in year one, and rental yield stands at 8.1% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 114.58% and total cumulative return in cash reaches $244,644. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,379/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
945.25 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94939, Larkspur, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,732 (100%) |
| Owner Occupied HU | 1,904 (51.0%) |
| Renter Occupied HU | 1,568 (42.0%) |
| Vacant Housing Units | 260 ( 7.0%) |
| Median Home Value | $1,912,162 |
| Average Home Value | $1,769,262 |
Housing Distribution
Address Breakdown
Residential
3,595
Single Family
2,143
Multi-Family
1,452
Businesses
438
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Nearby investment properties with comparable prices
Listed by: Sherry S Ramzi • Golden Gate Sotheby's
Mls Name: BAREIS
Mls ID: #325102773