111 Bean Creek Rd UNIT 114Scotts ValleyCA95066
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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
Investment property for sale in Scotts Valley at 111 Bean Creek Rd UNIT 114, Scotts Valley, CA, 95066 at $699,000 posts ROI 26.53% with $1,241/mo cash flow from $6,515/mo rent. Total monthly income equals $6,515/mo, and annual cash flow records $14,890/yr on $229,971 to close. Return on cash invested measures 26.53% and rental yield reads 11.18% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 140.13% and total cumulative return in cash totals $322,250.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,515/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
1,263 sqft lot
$N/A/sqft
$807 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95066, Scotts Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,285 (100%) |
| Owner Occupied HU | 4,359 (69.4%) |
| Renter Occupied HU | 1,492 (23.7%) |
| Vacant Housing Units | 434 ( 6.9%) |
| Median Home Value | $1,256,719 |
| Average Home Value | $1,286,710 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
5,786
Multi-Family
288
Businesses
724
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Listed by: Derek Fenster • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81974692
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-16 00:02:45 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.