41940 Mizzen MastThe Sea RanchCA95497
INVESTMENT ANALYSIS
Investment Verdict
Solid Income41940 Mizzen Mast, The Sea Ranch, CA, 95497 in The Sea Ranch is a solid income-producing rental, 9.36% gross yield, $1,365/mo rent, $282/mo net cash flow on a $175,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $48,349 and $1,612/yr in principal reduction project a total cumulative return of $84,513.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $282 | $1,200 |
City averages based on The Sea Ranch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,365 |
| Total Monthly Debt Service | $1,013 |
| DSCR Ratio | 1.35x |
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.
Condo
Built in 1990
10,450 sqft lot
$N/A/sqft
No 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Condo
Built in 1990
10,450 sqft lot
$N/A/sqft
No 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Kathleen Ball • Sotheby's International Realty
Mls Name: BAREIS
Mls ID: #325075282