4425 Clares St SPACE 71CapitolaCA95010
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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 Capitola at 4425 Clares St SPACE 71, Capitola, CA, 95010 offers a 11.99% rental yield on a $387,900 purchase with $3,877/mo rent. Total monthly income registers $3,877/mo, and a $1,899/mo payment leaves $1,477/mo available for distribution. Annual cash flow reaches $17,724/yr on $128,589 to close, and return on cash invested stands at 33.69% in year one. Equity gained on principal adds $2,503/yr while 5% annual appreciation supports $107,170 over five years. Portfolio math shows five-year ROI at 176.74% and total cumulative return in cash at $227,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,877/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95010, Capitola, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 2,025 (40.0%) |
| Renter Occupied HU | 2,156 (42.6%) |
| Vacant Housing Units | 877 (17.3%) |
| Median Home Value | $1,151,387 |
| Average Home Value | $1,168,485 |
Housing Distribution
Address Breakdown
Residential
4,806
Single Family
3,892
Multi-Family
914
Businesses
934
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Listed by: Jessica L. Wallace • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81964833
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-19 08:00:22 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.