57 Olive AveLarkspurCA94939
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 Larkspur at 57 Olive Ave, Larkspur, CA, 94939 priced at $1,250,000 converts $9,430/mo rent into $160/mo cash flow after a $6,118/mo obligation. Total monthly income equals $9,430/mo, and annual cash flow totals $1,919/yr on $405,000 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 9.05% 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 109.4% and total cumulative return in cash sums $443,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,430/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1906
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94939, Larkspur, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,732 (100%) |
| Owner Occupied HU | 1,904 (51.0%) |
| Renter Occupied HU | 1,568 (42.0%) |
| Vacant Housing Units | 260 ( 7.0%) |
| Median Home Value | $1,912,162 |
| Average Home Value | $1,769,262 |
Housing Distribution
Address Breakdown
Residential
3,595
Single Family
2,143
Multi-Family
1,452
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lotte And Sarah • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #323929057
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.