69 Gable CourtSan RafaelCA94903
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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 San Rafael at 69 Gable Court, San Rafael, CA, 94903 priced at $705,500 converts $5,281/mo rent into $917/mo cash flow after a $3,453/mo obligation. Total monthly income equals $5,281/mo, and annual cash flow totals $11,001/yr on $232,110 invested. Return on cash invested prints 24.8% in year one, and rental yield reads 8.98% against a $705,500 entry. Equity gained on principal adds $4,552/yr, while 5% annual appreciation compiles into $194,917 by year five. Five-year ROI reaches 129.03% and total cumulative return in cash sums $299,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,281/mo property income covering a $3,453/mo payment, not borrower’s personal income.
Condo
Built in 1993
727.45 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94903, San Rafael, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,861 (100%) |
| Owner Occupied HU | 8,180 (63.6%) |
| Renter Occupied HU | 4,010 (31.2%) |
| Vacant Housing Units | 671 ( 5.2%) |
| Median Home Value | $1,203,742 |
| Average Home Value | $1,243,118 |
Housing Distribution
Address Breakdown
Residential
12,444
Single Family
9,664
Multi-Family
2,780
Businesses
1,458
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Listed by: Tom Benoit • Coldwell Banker Realty
Mls Name: BAREIS
Mls ID: #325100881