116 Lester CtWatsonvilleCA95076
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
Investment Highlights
Investment property for sale in Watsonville at 116 Lester Ct, Watsonville, CA, 95076 earns from $3,632/mo rent with a $3,793/mo payment. Total monthly income totals $3,632/mo. ROI tracks 14.59% on current figures, and rental yield reads 5.62% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 74.28% and total cumulative return in cash sums $189,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,632/mo property income instead of your personal income.
Single Family
Built in 1971
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95076, Watsonville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,961 (100%) |
| Owner Occupied HU | 12,096 (48.5%) |
| Renter Occupied HU | 11,111 (44.5%) |
| Vacant Housing Units | 1,754 ( 7.0%) |
| Median Home Value | $774,250 |
| Average Home Value | $938,782 |
Housing Distribution
Address Breakdown
Residential
22,811
Single Family
21,245
Multi-Family
1,566
Businesses
1,912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Pinkerton • David Lyng Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82026113