360 Larkspur Plaza DrLarkspurCA94939
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 360 Larkspur Plaza Dr, Larkspur, CA, 94939 in Larkspur speaks for itself: 11.92% gross on a $485,000 price, generating $4,818/mo in rent and $565/mo in net income after the $2,181/mo debt service. DSCR 2.21, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,779 stacks alongside $133,997 in projected five-year appreciation and $4,467/yr in principal reduction. Projected total cumulative return: $225,705.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 5.2% |
| Monthly Cash Flow | $565 | $1,500 |
City averages based on Larkspur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,818 |
| Total Monthly Debt Service | $4,060 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
719 sqft lot
$N/A/sqft
$786 monthly 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
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
Condo
Built in 1973
719 sqft lot
$N/A/sqft
$786 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices