41 De Silva Island DrMill ValleyCA94941
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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 Mill Valley at 41 De Silva Island Dr, Mill Valley, CA, 94941 offers a 7.19% rental yield on a $1,895,000 purchase with $11,347/mo rent. 89% in year one. Equity gained on principal adds $12,228/yr while 5% annual appreciation supports $523,554 over five years. Portfolio math shows five-year ROI at 82.56% and total cumulative return in cash at $506,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $11,347/mo property income against a $9,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
849.42 sqft lot
$N/A/sqft
$1,883 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94941, Mill Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,570 (61.8%) |
| Renter Occupied HU | 4,253 (30.6%) |
| Vacant Housing Units | 1,054 ( 7.6%) |
| Median Home Value | $1,915,531 |
| Average Home Value | $1,784,584 |
Housing Distribution
Address Breakdown
Residential
13,250
Single Family
10,899
Multi-Family
2,351
Businesses
1,106
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Listed by: Lotte And Sarah • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324063584
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.