3665 Kerner Boulevard #BSan RafaelCA94901
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
Investment Highlights
Investment property for sale in San Rafael at 3665 Kerner Boulevard #B, San Rafael, CA, 94901 offers a 8.23% rental yield on a $250,000 purchase with $1,715/mo rent. Total monthly income registers $1,715/mo, and a $1,224/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,017/yr on $82,875 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 115.94% and total cumulative return in cash at $96,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
1,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94901, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,054 (100%) |
| Owner Occupied HU | 7,639 (44.8%) |
| Renter Occupied HU | 8,426 (49.4%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $1,440,116 |
| Average Home Value | $1,499,360 |
Housing Distribution
Address Breakdown
Residential
16,003
Single Family
11,126
Multi-Family
4,877
Businesses
2,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shirin Zehtabfard • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325080377