319 McCormick AveCapitolaCA95010
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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
Investment property for sale in Capitola at 319 McCormick Ave, Capitola, CA, 95010 with 5% annual appreciation on a $1,350,000 basis while $5,938/mo rent supports operations. 75% in year one. Equity gained on principal adds $8,711/yr, and five-year appreciation sums $372,980 alongside rental yield of 5.28%. Five-year ROI measures 69.71% and total cumulative return in cash totals $304,901. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,938/mo property income versus a $6,608/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
4,487 sqft lot
$N/A/sqft
No 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
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Listed by: Michael Lavigne • Compass
Mls Name: MLSListings Inc
Mls ID: #ML82018663