490 Cornish LaneAngwinCA94508
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Angwin rental at 490 Cornish Lane, Angwin, CA, 94508 sits in the solid-income band: 8.35% gross yield, $4,098/mo rent, $454/mo net after the $2,649/mo debt service, DSCR 1.55. Entry price of $589,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $162,730 and $5,425/yr in principal reduction bring total cumulative return to $252,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $454 | $300 |
City averages based on Angwin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,098 |
| Total Monthly Debt Service | $3,409 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1947
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94508, Angwin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,274 (100%) |
| Owner Occupied HU | 596 (46.8%) |
| Renter Occupied HU | 481 (37.8%) |
| Vacant Housing Units | 197 (15.5%) |
| Median Home Value | $1,032,143 |
| Average Home Value | $1,218,301 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,044
Multi-Family
0
Businesses
77
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
Single Family
Built in 1947
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94508, Angwin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,274 (100%) |
| Owner Occupied HU | 596 (46.8%) |
| Renter Occupied HU | 481 (37.8%) |
| Vacant Housing Units | 197 (15.5%) |
| Median Home Value | $1,032,143 |
| Average Home Value | $1,218,301 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,044
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BAREIS
Mls ID: #326021664