373 Ocean ParkwayBolinasCA94924
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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 Bolinas at 373 Ocean Parkway, Bolinas, CA, 94924 with 5% annual appreciation on a $1,995,000 basis while $6,059/mo rent supports operations. 71% in year one. Equity gained on principal adds $12,873/yr, and five-year appreciation sums $551,182 alongside rental yield of 3.64%. Five-year ROI measures 42.67% and total cumulative return in cash totals $275,793. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,059/mo property income versus a $9,765/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
5,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94924, Bolinas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 373 (42.1%) |
| Renter Occupied HU | 282 (31.8%) |
| Vacant Housing Units | 231 (26.1%) |
| Median Home Value | $1,865,741 |
| Average Home Value | $1,721,850 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
54
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Listed by: Sarah N Butler • Oceanic Realty
Mls Name: BAREIS
Mls ID: #325104344