5 Hammondale CtSan 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 5 Hammondale Ct, San Rafael, CA, 94901 priced at $1,250,000 converts $4,609/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,609/mo. Return on cash invested prints 7.85% in year one, and rental yield reads 4.42% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 39.24% and total cumulative return in cash sums $158,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,609/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Multi Family
Built in 1952
4,874 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: Michael J Burke • Golden Gate Sotheby's
Mls Name: BAREIS
Mls Provider:
Mls ID: #324081797
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.