390 Fern DrBoulder CreekCA95006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 390 Fern Dr, Boulder Creek, CA, 95006 in Boulder Creek deserves attention. This $975,000 property earns $8,408/mo in rent, a 10.35% gross yield, and nets $2,274/mo after the $4,384/mo payment. DSCR 1.92 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $269,375 compounds alongside $8,980/yr in yearly equity build, for a total cumulative return of $516,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $2,274 | $1,500 |
City averages based on Boulder Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,408 |
| Total Monthly Debt Service | $5,747 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95006, Boulder Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 3,006 (66.2%) |
| Renter Occupied HU | 1,059 (23.3%) |
| Vacant Housing Units | 476 (10.5%) |
| Median Home Value | $854,828 |
| Average Home Value | $977,453 |
Housing Distribution
Address Breakdown
Residential
3,673
Single Family
3,649
Multi-Family
24
Businesses
250
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
Single Family
Built in 1950
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95006, Boulder Creek, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 3,006 (66.2%) |
| Renter Occupied HU | 1,059 (23.3%) |
| Vacant Housing Units | 476 (10.5%) |
| Median Home Value | $854,828 |
| Average Home Value | $977,453 |
Housing Distribution
Address Breakdown
Residential
3,673
Single Family
3,649
Multi-Family
24
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices