322 Elderberry DrPetalumaCA94062
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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 Petaluma at 322 Elderberry Dr, Petaluma, CA, 94062 uses $437,076 cash to close to unlock $89,430/yr annual cash flow and $7,453/mo monthly cash flow. Total monthly income runs $15,798/mo, and a $6,603/mo payment keeps the spread at $7,453/mo. Purchase price stands at $1,349,000, and rental yield measures 14.05% with $15,798/mo rent. Return on cash invested shows 40.83% in year one, and 5% annual appreciation builds toward $372,704 over five years. Five-year ROI reaches 214.94% and total cumulative return in cash records $939,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $15,798/mo property income covering a $6,603/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94062, Redwood City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,468 (100%) |
| Owner Occupied HU | 7,167 (68.5%) |
| Renter Occupied HU | 2,645 (25.3%) |
| Vacant Housing Units | 656 ( 6.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,916,222 |
Housing Distribution
Address Breakdown
Residential
10,312
Single Family
9,246
Multi-Family
1,066
Businesses
563
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Listed by: Elena D Barbagelata • BarbCo
Mls Name: BAREIS
Mls Provider:
Mls ID: #324077755
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.