36900 Green Cove DrThe Sea RanchCA95497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 The Sea Ranch at 36900 Green Cove Dr, The Sea Ranch, CA, 95497 offers $4,265/mo rent that, after a $7,807/mo payment. Total monthly income is $4,265/mo. Return on cash invested measures 6.55% in year one, and rental yield stands at 3.21% at a $1,595,000 entry. Equity gained on principal adds $10,292/yr while 5% annual appreciation compounds into $440,669 by year five. Five-year ROI records 31.39% and total cumulative return in cash reaches $162,197. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,265/mo property income versus a $7,807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.48 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95497, The Sea Ranch, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 532 (31.7%) |
| Renter Occupied HU | 93 ( 5.5%) |
| Vacant Housing Units | 1,054 (62.8%) |
| Median Home Value | $1,138,776 |
| Average Home Value | $1,179,464 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark A Mason • Mason's Sea Ranch & Coastal Re
Mls Name: BAREIS
Mls Provider:
Mls ID: #324070143
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.