390 12th StMontaraCA94037
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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 Montara at 390 12th St, Montara, CA, 94037 projects strong ROI of 12.76%. Rental yield 4.96%. With 5% annual appreciation, the property builds $594,005 in value over five years. Equity growth combined delivers a projected five-year ROI of 64.39%, translating into $448,573 in total cumulative return on $696,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2016
6,000 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94037, Montara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,048 (100%) |
| Owner Occupied HU | 832 (79.4%) |
| Renter Occupied HU | 168 (16.0%) |
| Vacant Housing Units | 48 ( 4.6%) |
| Median Home Value | $1,635,593 |
| Average Home Value | $1,623,768 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Sold | $2,150,000 |
| 2011-03-24 | Sold | $180,000 |
| 2010-12-07 | Sold | $205,892 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $14611.00 | 0.96% | $1,056,699 | 2.00% |
| 2023-05-13 | $14472.56 | -0.14% | $1,035,980 | 2.00% |
| 2022-05-13 | $14492.24 | 5.28% | $1,015,667 | 2.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2016
- Architectural Style: N/A
- Building Area: 3,100
- Living Area: 3,100 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Radiant Floor
- Cooling: None
- Flooring: Hardwood
- Interior Features: High Ceilings, One Or More Skylights
- Exterior Features: Storage Shed Structure
- Parking Features: Attached, Oversized
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public Utilities, Water Public, Solar
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: David Oliphant • Ocean Element Real Estate
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81992739
Disclaimer: Based on information from the MLSListings MLS as of 2025-05-13 02:45:52 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.