1360 Ruby Ct APT 4CapitolaCA95010
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThere's a case for owning boring assets in strong markets. Rental yield 7.79%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $179,307 and $5,977/yr in equity build project total return of $217,519.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $(491) | $500 |
City averages based on Capitola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,213 |
| Total Monthly Debt Service | $4,446 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1971
914.76 sqft lot
$N/A/sqft
$689 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95010, Capitola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 2,025 (40.0%) |
| Renter Occupied HU | 2,156 (42.6%) |
| Vacant Housing Units | 877 (17.3%) |
| Median Home Value | $1,151,387 |
| Average Home Value | $1,168,485 |
Housing Distribution
Address Breakdown
Residential
4,806
Single Family
3,892
Multi-Family
914
Businesses
934
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
Condo
Built in 1971
914.76 sqft lot
$N/A/sqft
$689 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95010, Capitola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 2,025 (40.0%) |
| Renter Occupied HU | 2,156 (42.6%) |
| Vacant Housing Units | 877 (17.3%) |
| Median Home Value | $1,151,387 |
| Average Home Value | $1,168,485 |
Housing Distribution
Address Breakdown
Residential
4,806
Single Family
3,892
Multi-Family
914
Businesses
934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Cosgrove • Intero Real Estate Services
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81997490
Disclaimer: Based on information from the MLSListings MLS as of 2025-03-17 18:19:41 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.