375 Clifford Ave APT 317WatsonvilleCA95076
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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 Watsonville at 375 Clifford Ave APT 317, Watsonville, CA, 95076 uses $115,694 cash to close to unlock $11,282/yr annual cash flow and $940/mo monthly cash flow. Total monthly income runs $3,624/mo, and a $1,708/mo payment keeps the spread at $940/mo. Purchase price stands at $349,000, and rental yield measures 12.46% with $3,624/mo rent. Return on cash invested shows 29.66% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 157.14% and total cumulative return in cash records $181,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,624/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$525 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: Judy Brose • CENTURY 21 Real Estate Alliance
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81981987
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.