3241 Marlene DrLafayetteCA94549
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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
Rental property for sale in Lafayette at 3241 Marlene Dr, Lafayette, CA, 94549 offers $5,590/mo rent that, after a $3,891/mo payment. Total monthly income is $5,590/mo. Return on cash invested measures 18.76% in year one, and rental yield stands at 8.44% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Five-year ROI records 98.24% and total cumulative return in cash reaches $256,942. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,590/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
N/A lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94549, Lafayette, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,399 (100%) |
| Owner Occupied HU | 8,108 (71.1%) |
| Renter Occupied HU | 2,639 (23.2%) |
| Vacant Housing Units | 652 ( 5.7%) |
| Median Home Value | $1,880,381 |
| Average Home Value | $1,774,756 |
Housing Distribution
Address Breakdown
Residential
11,138
Single Family
9,520
Multi-Family
1,618
Businesses
1,315
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Listed by: Mary Mok • Macroreal United
Mls Name: bridgeMLS/CCAR/Bay East AOR
Mls Provider:
Mls ID: #41055841
Disclaimer: Bay East 2024. CCAR 2024. bridgeMLS 2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-08-15 06:55:37 PDT.