355 Corte Madera AveCorte MaderaCA94925
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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 Corte Madera at 355 Corte Madera Ave, Corte Madera, CA, 94925 offers a 7.3% rental yield on a $1,149,000 purchase with $6,990/mo rent. 48% in year one. Equity gained on principal adds $7,414/yr while 5% annual appreciation supports $317,448 over five years. Portfolio math shows five-year ROI at 100.64% and total cumulative return in cash at $374,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,990/mo property income against a $5,624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
4,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94925, Corte Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,631 (61.5%) |
| Renter Occupied HU | 1,410 (33.0%) |
| Vacant Housing Units | 235 ( 5.5%) |
| Median Home Value | $1,805,878 |
| Average Home Value | $1,713,538 |
Housing Distribution
Address Breakdown
Residential
4,071
Single Family
3,420
Multi-Family
651
Businesses
532
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Listed by: Christina M Mcnair • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324078339
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.