381 Forrest AveFairfaxCA94930
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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 Fairfax at 381 Forrest Ave, Fairfax, CA, 94930 uses $180,621 cash to close to unlock $24,046/yr annual cash flow and $2,004/mo monthly cash flow. Total monthly income runs $5,400/mo, and a $2,687/mo payment keeps the spread at $2,004/mo. Purchase price stands at $549,000, and rental yield measures 11.8% with $5,400/mo rent. Return on cash invested shows 33.37% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 175.01% and total cumulative return in cash records $316,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,400/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 1909
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94930, Fairfax, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,972 (100%) |
| Owner Occupied HU | 2,494 (62.8%) |
| Renter Occupied HU | 1,225 (30.8%) |
| Vacant Housing Units | 253 ( 6.4%) |
| Median Home Value | $1,274,714 |
| Average Home Value | $1,360,223 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,402
Multi-Family
399
Businesses
250
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Listed by: David Andrade • Compass Commercial
Mls Name: SFAR
Mls ID: #325081385