San Rafael DSCR Loans
A median San Rafael rental brings in $3,182 a month. The median home costs $1,298,041. That is a 2.94% gross yield, and at 6.95% it produces a DSCR of 0.39 with 20% down, so a DSCR loan in San Rafael is a down-payment decision before it is a property decision.
Median Home Value
$1,298,041
Median Rent
$3,182
Gross Yield
2.94%
DSCR @ 20% Down
0.39
Sources: Zillow ZHVI, 2026-08-31 · Zillow ZORI, 2026-08-31 · Freddie Mac via FRED (MORTGAGE30US), 6.95% as of 2026-09-17
San Rafael Rental Economics
Median household income in San Rafael is $109,317. Roughly 60,604 people live in San Rafael. Investors looking at San Rafael are comparing a 2.94% gross yield against a 6.95% cost of borrowing. Where that spread is thin, San Rafael gets bought for appreciation and held long term rather than bought for monthly cash flow, and the underwriting has to reflect that.
Gross Rental Yield
2.94%
Annual median rent measured against median home value in San Rafael.
Down Payment for a 0.75 DSCR
66.5%
What San Rafael financing typically needs to clear a 0.75 ratio.
Median Household Income
$109,317
Census income for San Rafael.
What DSCR Financing Requires in San Rafael
A DSCR lender sizes a San Rafael loan against the rent rather than your personal income. On a median-priced San Rafael property the ratio lands at 0.39 with 20% down and 0.46 with 35% down, so reaching a 0.75 ratio takes roughly 66% down and reaching 1.0 takes about 79%. These are median-property figures for San Rafael. A specific deal moves with the rent an appraiser supports and with the taxes and insurance on that parcel.
| Down payment | DSCR in San Rafael | Typical lender treatment |
|---|---|---|
| 20% | 0.39 | Below the 0.75 floor most lenders use |
| 35% | 0.46 | Below the 0.75 floor most lenders use |
Median-property figures for San Rafael. Taxes and insurance modelled at 1.25% of value per year. A specific deal will vary with the rent and the parcel.
Submarkets Inside San Rafael
Rental performance moves street by street inside San Rafael. These are the areas investors ask about most often:
San Rafael DSCR Questions
What is the median home value in San Rafael?
The median home value in San Rafael is $1,298,041 as of August 2026 (Zillow ZHVI). Median rent is $3,182 a month, a gross yield of 2.94%.
What down payment does a DSCR loan need in San Rafael?
On a median-priced San Rafael rental at a 6.95% rate, reaching a 0.75 DSCR takes roughly 66% down, and reaching 1.0 takes about 79%. The real number depends on the rent, taxes and insurance for that specific property.
Does DSCR lending work in San Rafael?
San Rafael is an appreciation market, not a cash-flow market. A median San Rafael home costs $1,298,041 while the median rent runs $3,182, a gross yield of just 2.94%. At 6.95%, a median-priced San Rafael rental returns roughly a 0.39 DSCR at 20% down. Leveraged DSCR financing here starts around 66% down.
Is San Rafael a cash-flow market or an appreciation market?
With a gross yield of 2.94% against a 6.95% mortgage rate, San Rafael leans toward appreciation. Monthly cash flow is thin at these yields, so most San Rafael investors are underwriting the hold rather than the month.
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