249 Lighthouse 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 249 Lighthouse Dr, Watsonville, CA, 95076 priced at $685,000 converts $3,784/mo rent into after a $3,353/mo obligation. Total monthly income equals $3,784/mo. Return on cash invested prints 16.87% in year one, and rental yield reads 6.63% against a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation compiles into $189,253 by year five. Five-year ROI reaches 86.81% and total cumulative return in cash sums $195,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,784/mo property income covering a $3,353/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
1,002 sqft lot
$N/A/sqft
$145 monthly 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: Steve Johnson • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81985072
Disclaimer: Based on information from the MLSListings MLS as of 2025-02-12 02:32:42 PST. 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.