42 Loring AveMill ValleyCA94941
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mill Valley at 42 Loring Ave, Mill Valley, CA, 94941 priced at $1,695,000 pairs $7,024/mo rent with after a $8,296/mo payment. Total monthly income equals $7,024/mo. Return on cash invested is 11.24% in year one, and rental yield stands at 4.97% on a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and 5% annual appreciation accumulates to $468,297 by year five. Five-year ROI measures 56.82% and total cumulative return in cash reaches $312,033. For financing, Ziffy Mortgage’s DSCR program evaluates $7,024/mo property income against a $8,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
3,472 sqft lot
$N/A/sqft
No 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: Katrina Kehl • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #324073608
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.