470 Wellesley 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 470 Wellesley Ave, Mill Valley, CA, 94941 offers $8,586/mo rent that, after a $6,789/mo payment, leaves $5/mo cash flow. Total monthly income is $8,586/mo, and annual cash flow is $64/yr on $449,420 cash. Return on cash invested measures 20.38% in year one, and rental yield stands at 7.43% at a $1,387,100 entry. Equity gained on principal adds $8,951/yr while 5% annual appreciation compounds into $383,230 by year five. Five-year ROI records 105.29% and total cumulative return in cash reaches $473,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,586/mo property income versus a $6,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,011 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A