388 Hickory LnSan RafaelCA94903
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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 San Rafael at 388 Hickory Ln, San Rafael, CA, 94903 listed at $1,295,000 pairs $8,148/mo rent with a $6,338/mo payment. Total monthly income runs $8,148/mo. Return on cash invested measures 18.62% in year one, and rental yield registers 7.55% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 96.6% and total cumulative return in cash totals $405,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,148/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94903, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,861 (100%) |
| Owner Occupied HU | 8,180 (63.6%) |
| Renter Occupied HU | 4,010 (31.2%) |
| Vacant Housing Units | 671 ( 5.2%) |
| Median Home Value | $1,203,742 |
| Average Home Value | $1,243,118 |
Housing Distribution
Address Breakdown
Residential
12,444
Single Family
9,664
Multi-Family
2,780
Businesses
1,458
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Listed by: Sara Downs • Golden Gate Sotheby's
Mls Name: BAREIS
Mls Provider:
Mls ID: #324062311
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.