515 Redwood AveCorte MaderaCA94925
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 515 Redwood Ave, Corte Madera, CA, 94925 in Corte Madera speaks for itself: 12.61% gross on a $1,088,000 price, generating $11,431/mo in rent and $3,915/mo in net income after the $4,892/mo debt service. DSCR 2.34, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $46,986 stacks alongside $300,594 in projected five-year appreciation and $10,021/yr in principal reduction. Projected total cumulative return: $667,927.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 4.5% |
| Monthly Cash Flow | $3,915 | $300 |
City averages based on Corte Madera market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,431 |
| Total Monthly Debt Service | $7,083 |
| DSCR Ratio | 1.61x |
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 N/A
7,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94925, Corte Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,631 (61.5%) |
| Renter Occupied HU | 1,410 (33.0%) |
| Vacant Housing Units | 235 ( 5.5%) |
| Median Home Value | $1,805,878 |
| Average Home Value | $1,713,538 |
Housing Distribution
Address Breakdown
Residential
4,071
Single Family
3,420
Multi-Family
651
Businesses
532
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 N/A
7,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94925, Corte Madera, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,276 (100%) |
| Owner Occupied HU | 2,631 (61.5%) |
| Renter Occupied HU | 1,410 (33.0%) |
| Vacant Housing Units | 235 ( 5.5%) |
| Median Home Value | $1,805,878 |
| Average Home Value | $1,713,538 |
Housing Distribution
Address Breakdown
Residential
4,071
Single Family
3,420
Multi-Family
651
Businesses
532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices