45 Harbor Oak Dr APT 35Belvedere TiburonCA94920
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play45 Harbor Oak Dr APT 35, Belvedere Tiburon, CA, 94920 in Belvedere Tiburon is priced for appreciation, not yield. Rental yield 3.85%. At $1,049,000 with a 3.85% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $289,819 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.71) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $153,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(3,845) | $2,500 |
City averages based on Belvedere Tiburon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,365 |
| Total Monthly Debt Service | $6,793 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1966
1,799 sqft lot
$N/A/sqft
$721 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94920, Belvedere Tiburon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,904 (100%) |
| Owner Occupied HU | 3,538 (59.9%) |
| Renter Occupied HU | 1,757 (29.8%) |
| Vacant Housing Units | 609 (10.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,019,470 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
4,654
Multi-Family
1,026
Businesses
489
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
Condo
Built in 1966
1,799 sqft lot
$N/A/sqft
$721 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94920, Belvedere Tiburon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,904 (100%) |
| Owner Occupied HU | 3,538 (59.9%) |
| Renter Occupied HU | 1,757 (29.8%) |
| Vacant Housing Units | 609 (10.3%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $2,019,470 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
4,654
Multi-Family
1,026
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joni Shepard • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #325022867
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.