574 Watson StMontereyCA93940
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
Investment Highlights
Investment property for sale in Monterey at 574 Watson St, Monterey, CA, 93940 with 5% annual appreciation on a $381,305 basis while $8,971/mo rent supports operations. Total monthly income totals $8,971/mo and a $1,866/mo payment preserves $6,414/mo for cash returns. Annual cash flow comes to $76,967/yr on $126,403 deployed, and return on cash invested reaches 80.8% in year one. Equity gained on principal adds $2,461/yr, and five-year appreciation sums $105,348 alongside rental yield of 28.23%. Five-year ROI measures 430.03% and total cumulative return in cash totals $543,566.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,971/mo property income versus a $1,866/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1906
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93940, Monterey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,195 (100%) |
| Owner Occupied HU | 5,474 (36.0%) |
| Renter Occupied HU | 8,085 (53.2%) |
| Vacant Housing Units | 1,636 (10.8%) |
| Median Home Value | $1,052,750 |
| Average Home Value | $1,188,289 |
Housing Distribution
Address Breakdown
Residential
15,034
Single Family
13,351
Multi-Family
1,683
Businesses
2,778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A