501 Scenic RdFairfaxCA94930
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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 Fairfax at 501 Scenic Rd, Fairfax, CA, 94930 generates $5,538/mo in rent and, after a $587/mo payment, leaves $4,796/mo in cash flow. Total monthly income is $5,538/mo, and annual cash flow is $57,552/yr on $39,780 invested. Return on cash invested sits at 164.58% in year one, and rental yield is 55.38% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 878.63% and total cumulative return in cash sums $349,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,538/mo property income rather than buyer’s personal income.
Lot
Built in N/A
8,377 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94930, Fairfax, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,972 (100%) |
| Owner Occupied HU | 2,494 (62.8%) |
| Renter Occupied HU | 1,225 (30.8%) |
| Vacant Housing Units | 253 ( 6.4%) |
| Median Home Value | $1,274,714 |
| Average Home Value | $1,360,223 |
Housing Distribution
Address Breakdown
Residential
3,801
Single Family
3,402
Multi-Family
399
Businesses
250
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Listed by: Stephen Pringle • Corcoran Icon Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324009120
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.