







No similar price properties found nearby.

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Boulder Creek at 16541 Big Basin Way #15, Boulder Creek, CA, 95006 offers a 12.84% rental yield on a $575,000 purchase with $6,154/mo rent. Total monthly income registers $6,154/mo, and a $2,814/mo payment leaves $1,758/mo available for distribution. Annual cash flow reaches $21,091/yr on $189,175 to close, and return on cash invested stands at 31.21% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 165.33% and total cumulative return in cash at $312,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,154/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 95006, Boulder Creek, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 3,006 (66.2%) |
| Renter Occupied HU | 1,059 (23.3%) |
| Vacant Housing Units | 476 (10.5%) |
| Median Home Value | $854,828 |
| Average Home Value | $977,453 |
Residential
3,673
Single Family
3,649
Multi-Family
24
Businesses
250
Date | Event | Price |
|---|---|---|
| 2024-05-01 | Listed for sale | $575,000 |
| 2024-02-13 | Listing removed | N/A |
| 2023-11-26 | Listed for sale | $699,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-16 | N/A | N/A | $505,638 | 2.00% |
| 2023-08-16 | $8389.68 | 3.10% | $495,724 | 2.00% |
| 2022-08-16 | $8137.40 | 2.99% | $486,004 | 2.00% |
No similar price properties found nearby.



Listed by: Darren Houser • Bailey Properties
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963685
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 20:27:44 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.