3607 Paper Mill RdSoquelCA95073
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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 Soquel at 3607 Paper Mill Rd, Soquel, CA, 95073 generates $4,994/mo in rent, after a $6,353/mo payment. Total monthly income is $4,994/mo. Return on cash invested sits at 11.71% in year one, and rental yield is 4.62% on a $1,298,000 entry. Equity gained on principal adds $8,376/yr, while 5% annual appreciation builds toward $358,613 over five years. Five-year ROI reaches 58.77% and total cumulative return in cash sums $247,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,994/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95073, Soquel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,405 (100%) |
| Owner Occupied HU | 2,901 (65.9%) |
| Renter Occupied HU | 1,180 (26.8%) |
| Vacant Housing Units | 324 ( 7.4%) |
| Median Home Value | $1,198,807 |
| Average Home Value | $1,240,787 |
Housing Distribution
Address Breakdown
Residential
4,083
Single Family
4,004
Multi-Family
79
Businesses
761
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Listed by: Erick Fernandez • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82017131