6971 Lucas Valley RdNicasioCA94946
Nearby investment properties with comparable rents
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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 Nicasio at 6971 Lucas Valley Rd, Nicasio, CA, 94946 offers $6,989/mo rent that, after a $5,139/mo payment. Total monthly income is $6,989/mo. Return on cash invested measures 20.24% in year one, and rental yield stands at 7.99% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 105.22% and total cumulative return in cash reaches $357,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,989/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94946, Nicasio, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 245 (54.7%) |
| Renter Occupied HU | 131 (29.2%) |
| Vacant Housing Units | 72 (16.1%) |
| Median Home Value | $1,903,846 |
| Average Home Value | $1,723,000 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
30
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Listed by: B.G. Bates • Golden Gate Sotheby's
Mls Name: BAREIS
Mls Provider:
Mls ID: #324026660
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.