109 Llano AveSpreckelsCA93962
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 109 Llano Ave, Spreckels, CA, 93962 in Spreckels is listed at $969,900 and delivers $8,021/mo in rent and $2,021/mo in net monthly cash flow. The 9.92% yield and 1.84 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $267,965 over five years, and $8,933/yr in principal reduction supplements cash return. Total projected cumulative return: $497,854.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $2,021 | $1,500 |
City averages based on Spreckels market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,021 |
| Total Monthly Debt Service | $5,614 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
7,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93962, Spreckels, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 70 (39.3%) |
| Renter Occupied HU | 92 (51.7%) |
| Vacant Housing Units | 16 ( 9.0%) |
| Median Home Value | $840,909 |
| Average Home Value | $913,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1995
7,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93962, Spreckels, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 70 (39.3%) |
| Renter Occupied HU | 92 (51.7%) |
| Vacant Housing Units | 16 ( 9.0%) |
| Median Home Value | $840,909 |
| Average Home Value | $913,000 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices