891 Magnolia Ave, Larkspur, CA, 94939 | $604/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Larkspur at 891 Magnolia Ave, Larkspur, CA, 94939 generates $7,784/mo in rent and, after a $5,384/mo payment, leaves $604/mo in cash flow. Total monthly income is $7,784/mo, and annual cash flow is $7,250/yr on $356,400 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 8.49% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 116.58% and total cumulative return in cash sums $415,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,784/mo property income rather than buyer’s personal income.

Condo

Built in 1979

601.13 sqft lot

$N/A/sqft

$375 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 94939, Larkspur, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,732 (100%)
Owner Occupied HU	1,904 (51.0%)
Renter Occupied HU	1,568 (42.0%)
Vacant Housing Units	260 ( 7.0%)
Median Home Value	$1,912,162
Average Home Value	$1,769,262