515 Redwood AveCorte MaderaCA94925
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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 Corte Madera at 515 Redwood Ave, Corte Madera, CA, 94925 generates $11,431/mo in rent and, after a $5,325/mo payment, leaves $3,916/mo in cash flow. Total monthly income is $11,431/mo, and annual cash flow is $46,986/yr on $352,512 invested. Return on cash invested sits at 33.7% in year one, and rental yield is 12.61% on a $1,088,000 entry. Equity gained on principal adds $7,021/yr, while 5% annual appreciation builds toward $300,594 over five years. Five-year ROI reaches 177.66% and total cumulative return in cash sums $626,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $11,431/mo property income rather than buyer’s personal income.
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
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Listed by: Tatyana Mironova • Radius Agent Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324063704
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.