




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lagunitas at 66 Spring Road, Lagunitas, CA, 94938 offers a 8.42% rental yield on a $774,000 purchase with $5,430/mo rent. Total monthly income registers $5,430/mo, and a $3,788/mo payment leaves $642/mo available for distribution. Annual cash flow reaches $7,707/yr on $254,646 to close, and return on cash invested stands at 23.09% in year one. Equity gained on principal adds $4,995/yr while 5% annual appreciation supports $213,842 over five years. Portfolio math shows five-year ROI at 119.85% and total cumulative return in cash at $305,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,430/mo property income against a $3,788/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 94938, Lagunitas, CA area.
| 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 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $774,000 |
| 2025-07-09 | Pending sale | $789,000 |
| 2025-06-13 | Listing removed | $789,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-11 | N/A | N/A | $496,115 | 2.00% |
| 2024-10-11 | $5711.30 | 1.83% | $486,390 | 2.00% |
| 2023-10-11 | $5608.42 | 1.79% | $476,855 | 2.00% |



Listed by: Michael M Cusick • Coldwell Banker Realty
Mls Name: BAREIS
Mls Provider:
Mls ID: #325051370
Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.