61 Pixley Avenue #3Corte 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 61 Pixley Avenue #3, Corte Madera, CA, 94925 offers $4,150/mo rent that, after a $2,932/mo payment, leaves $444/mo cash flow. Total monthly income is $4,150/mo, and annual cash flow is $5,331/yr on $197,071 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.31% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 118.13% and total cumulative return in cash reaches $232,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,150/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1959
2,199 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: Melissa Crawford • Redfin
Mls Name: BAREIS
Mls ID: #326001160