








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Montara at 447 3rd St, Montara, CA, 94037 generates $8,466/mo in rent, after a $7,582/mo payment. Total monthly income is $8,466/mo. Return on cash invested sits at 16.97% in year one, and rental yield is 6.56% on a $1,549,000 entry. Equity gained on principal adds $9,995/yr, while 5% annual appreciation builds toward $427,960 over five years. Five-year ROI reaches 87.25% and total cumulative return in cash sums $437,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,466/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
4,426 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94037, Montara, CA area.
| 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 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-10-20 | Sold | $1,549,000 |
| 2014-09-17 | Sold | $990,000 |
| 2014-08-13 | Pending sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $15270.10 | 2.87% | $1,166,490 | 2.00% |
| 2023-10-22 | $14844.30 | 0.93% | $1,143,618 | 2.00% |
| 2022-10-22 | $14707.10 | 0.58% | $1,121,196 | 2.00% |



Listed by: Matt Aragoni • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML82019053
Disclaimer: Based on information from the MLSListings MLS as of 2025-10-21 21:04:49 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.