331-335 Richardson WayMill ValleyCA94941
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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
Total monthly income runs $6,444/mo, and a $9,275/mo payment. Purchase price stands at $1,895,000, and rental yield measures 4.08% with $6,444/mo rent. Return on cash invested shows 10.05% in year one, and 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 49.89% and total cumulative return in cash records $306,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,444/mo property income covering a $9,275/mo payment rather than investor’s personal income.
Multi Family
Built in 1935
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94941, Mill Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,570 (61.8%) |
| Renter Occupied HU | 4,253 (30.6%) |
| Vacant Housing Units | 1,054 ( 7.6%) |
| Median Home Value | $1,915,531 |
| Average Home Value | $1,784,584 |
Housing Distribution
Address Breakdown
Residential
13,250
Single Family
10,899
Multi-Family
2,351
Businesses
1,106
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Listed by: The Johnson Team • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324063054
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.