94 Glen Dr #96SausalitoCA94965
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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 Sausalito at 94 Glen Dr #96, Sausalito, CA, 94965 offers $10,297/mo rent that, after a $8,296/mo payment. Total monthly income is $10,297/mo. Return on cash invested measures 19.96% in year one, and rental yield stands at 7.29% at a $1,695,000 entry. Equity gained on principal adds $10,938/yr while 5% annual appreciation compounds into $468,297 by year five. Five-year ROI records 103% and total cumulative return in cash reaches $565,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $10,297/mo property income versus a $8,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1961
4,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94965, Sausalito, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 2,788 (43.1%) |
| Renter Occupied HU | 3,080 (47.6%) |
| Vacant Housing Units | 599 ( 9.3%) |
| Median Home Value | $1,660,069 |
| Average Home Value | $1,599,226 |
Housing Distribution
Address Breakdown
Residential
6,111
Single Family
4,028
Multi-Family
2,083
Businesses
1,057
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Listed by: Ian Ivarson • Vanguard Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #324057460
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.