54 Sandpiper CirCorte MaderaCA94925
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 54 Sandpiper Cir, Corte Madera, CA, 94925 in Corte Madera offers a clean, manageable entry. Rental yield 6.4%. DSCR 1.19 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $385,413 in additional property value over five years, with $12,848/yr in principal equity building ownership stake. Total projected cumulative return: $452,466.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 4.5% |
| Monthly Cash Flow | $(1,189) | $300 |
City averages based on Corte Madera market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,441 |
| Total Monthly Debt Service | $8,075 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1981
989 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
Condo
Built in 1981
989 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
Listed by: Tim A. Brown • KW Advisors
Mls Name: SFAR
Mls ID: #325081316