605 N Mildred AveKing 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
Rental property for sale in King City at 605 N Mildred Ave, King City, CA, 93930 offers $3,349/mo rent that, after a $3,421/mo payment. Total monthly income is $3,349/mo. Return on cash invested measures 14.97% in year one, and rental yield stands at 5.75% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 76.35% and total cumulative return in cash reaches $175,586. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,349/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,219 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: George Gamboa • Luxury Listing Masters
Mls Name: MLSListings Inc
Mls ID: #ML82016179