66 Alta AveLagunitasCA94938
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 Lagunitas at 66 Alta Ave, Lagunitas, CA, 94938 offers a 5.94% rental yield on a $1,189,000 purchase with $5,888/mo rent. 4% in year one. Equity gained on principal adds $7,672/yr while 5% annual appreciation supports $328,499 over five years. Portfolio math shows five-year ROI at 78.71% and total cumulative return in cash at $303,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,888/mo property income against a $5,820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
8,555 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94938, Lagunitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 280 (100%) |
| Owner Occupied HU | 172 (61.4%) |
| Renter Occupied HU | 83 (29.6%) |
| Vacant Housing Units | 25 ( 8.9%) |
| Median Home Value | $1,070,588 |
| Average Home Value | $1,104,651 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Michael M Cusick • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #324071052
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.