18 Porter DrWatsonvilleCA95076
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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
Rental property for sale in Watsonville at 18 Porter Dr, Watsonville, CA, 95076 offers $3,472/mo rent that, after a $6,608/mo payment. Total monthly income is $3,472/mo. Return on cash invested measures 6.98% in year one, and rental yield stands at 3.09% at a $1,350,000 entry. Equity gained on principal adds $8,711/yr while 5% annual appreciation compounds into $372,980 by year five. Five-year ROI records 33.43% and total cumulative return in cash reaches $146,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,472/mo property income versus a $6,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1997
5,250 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
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Listed by: Garrett Fischer • El Camino Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81962640
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 11:31:38 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.