319 W Baltimore AveLarkspurCA94939
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
Investment Highlights
Rental property for sale in Larkspur at 319 W Baltimore Ave, Larkspur, CA, 94939 offers $11,716/mo rent that, after a $7,342/mo payment, leaves $2,437/mo cash flow. Total monthly income is $11,716/mo, and annual cash flow is $29,238/yr on $486,000 cash. Return on cash invested measures 26.39% in year one, and rental yield stands at 9.37% at a $1,500,000 entry. Equity gained on principal adds $9,679/yr while 5% annual appreciation compounds into $414,422 by year five. Five-year ROI records 137.47% and total cumulative return in cash reaches $668,111. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $11,716/mo property income versus a $7,342/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,749 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: The Schrock Team • The Agency
Mls Name: BAREIS
Mls Provider:
Mls ID: #324067925
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.