404 Ellis StKing CityCA93930
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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 King City at 404 Ellis St, King City, CA, 93930 earns from $3,000/mo rent with a $2,442/mo payment. Total monthly income totals $3,000/mo. ROI tracks 19.28% on current figures, and rental yield reads 7.21% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 99.48% and total cumulative return in cash sums $164,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1934
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93930, King City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,555 (100%) |
| Owner Occupied HU | 2,253 (49.5%) |
| Renter Occupied HU | 2,023 (44.4%) |
| Vacant Housing Units | 279 ( 6.1%) |
| Median Home Value | $421,332 |
| Average Home Value | $480,731 |
Housing Distribution
Address Breakdown
Residential
4,250
Single Family
3,870
Multi-Family
380
Businesses
467
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Listed by: Jasmine Duncan • Oak Shores Realty
Mls Name: MLSListings Inc
Mls ID: #ML82025308