602 Starbright Ln, Alpine, CA, 91901 | $9/mo Cash Flow

For Sale

Rental Income

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alpine at 602 Starbright Ln, Alpine, CA, 91901 earns $9/mo cash flow from $6,164/mo rent with a $4,870/mo payment. Total monthly income totals $6,164/mo, and annual cash flow totals $105/yr on $327,355 capital. ROI tracks 20.09% on current figures, and rental yield reads 7.43% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 103.78% and total cumulative return in cash sums $339,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,164/mo property income instead of your personal income.

Single Family

Built in 1950

2.02 Acres lot

$N/A/sqft

No HOA

More details about the property

A completely Unique Hilltop Estate in Alpine offering privacy, space, and panoramic valley, Mountain and distant Ocean views! Situated on 2.02 acres at the end of a private road. This Rustic property features 2 Homes, plus multiple outbuildings that can be used for home office, craft or airbnb or storage! The main residence includes 3 bedrooms, 2 baths with a large living room & dining area framed by view windows. Attached to the main house 3rd bedroom is a distinctive 1-bedroom on a boulder with a private entrance, perfect for kids, family, extended family, guests, or rental income. A separate legal second home of approx.1,000 sq ft with redwood and knotty-pine charm has its own gate & driveway, perfect for Extended family, granny flat or rental! Outdoor living includes a swimming pool, horseshoe area, patios, walking paths, specimen succulents, mature trees, dramatic boulders, garden area and shaded spaces for relaxing and entertaining! Additional structures include a detached 3-space carport plus 2 car garage/workshop, shed, zoned for horses with room for toys, animals, adventure and imagination, this property offers a rare opportunity for privacy, nature, and multi-generational living just minutes from town!

Neighborhood Data

Neighborhood data shown for ZIP Code: 91901, Alpine, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,735 (100%)
Owner Occupied HU	4,637 (68.8%)
Renter Occupied HU	1,778 (26.4%)
Vacant Housing Units	320 ( 4.8%)
Median Home Value	$920,660
Average Home Value	$1,048,738