13233 Cielo Azul #62CastrovilleCA95012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 13233 Cielo Azul #62, Castroville, CA, 95012 in Castroville: $2,340/mo in rent, $1,109/mo net, 14.11% gross yield, all on a $199,000 acquisition. The 2.61 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $54,980 in value, and $1,833/yr in principal paydown steadily builds equity. Projected total cumulative return: $146,802.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.0% |
| Monthly Cash Flow | $1,109 | $200 |
City averages based on Castroville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 2.03x |
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.
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95012, Castroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 1,431 (46.3%) |
| Renter Occupied HU | 1,418 (45.8%) |
| Vacant Housing Units | 244 ( 7.9%) |
| Median Home Value | $683,289 |
| Average Home Value | $719,280 |
Housing Distribution
Address Breakdown
Residential
2,690
Single Family
2,619
Multi-Family
71
Businesses
293
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
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95012, Castroville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 1,431 (46.3%) |
| Renter Occupied HU | 1,418 (45.8%) |
| Vacant Housing Units | 244 ( 7.9%) |
| Median Home Value | $683,289 |
| Average Home Value | $719,280 |
Housing Distribution
Address Breakdown
Residential
2,690
Single Family
2,619
Multi-Family
71
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices