42 Shannon LnSan RafaelCA94901
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 San Rafael at 42 Shannon Ln, San Rafael, CA, 94901 offers $7,936/mo rent that, after a $7,586/mo payment. Total monthly income is $7,936/mo. Return on cash invested measures 16.42% in year one, and rental yield stands at 6.14% at a $1,550,000 entry. Equity gained on principal adds $10,002/yr while 5% annual appreciation compounds into $428,236 by year five. Five-year ROI records 84.04% and total cumulative return in cash reaches $422,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,936/mo property income versus a $7,586/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94901, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,054 (100%) |
| Owner Occupied HU | 7,639 (44.8%) |
| Renter Occupied HU | 8,426 (49.4%) |
| Vacant Housing Units | 989 ( 5.8%) |
| Median Home Value | $1,440,116 |
| Average Home Value | $1,499,360 |
Housing Distribution
Address Breakdown
Residential
16,003
Single Family
11,126
Multi-Family
4,877
Businesses
2,707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Machado • Eleven Real Estate
Mls Name: BAREIS
Mls Provider:
Mls ID: #324071856
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.