58 Spindrift PsgeCorte MaderaCA94925
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
Investment property for sale in Corte Madera at 58 Spindrift Psge, Corte Madera, CA, 94925 listed at $1,749,000 pairs $6,404/mo rent with a $8,560/mo payment. Total monthly income runs $6,404/mo. Return on cash invested measures 11.02% in year one, and rental yield registers 4.39% at a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and annual property appreciation at 5% supports $483,216 by year five. Five-year ROI tracks 55.07% and total cumulative return in cash totals $312,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,404/mo property income relative to a $8,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
5,759 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: Kevin Mcginnis • Compass
Mls Name: BAREIS
Mls Provider:
Mls ID: #325001232
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.