609 Coast Range DrScotts ValleyCA95066
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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 Scotts Valley at 609 Coast Range Dr, Scotts Valley, CA, 95066 generates $7,939/mo in rent, after a $6,363/mo payment. Total monthly income is $7,939/mo. Return on cash invested sits at 19.55% in year one, and rental yield is 7.33% on a $1,299,999 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 101% and total cumulative return in cash sums $425,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,939/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
3,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95066, Scotts Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,285 (100%) |
| Owner Occupied HU | 4,359 (69.4%) |
| Renter Occupied HU | 1,492 (23.7%) |
| Vacant Housing Units | 434 ( 6.9%) |
| Median Home Value | $1,256,719 |
| Average Home Value | $1,286,710 |
Housing Distribution
Address Breakdown
Residential
6,074
Single Family
5,786
Multi-Family
288
Businesses
724
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Listed by: Dorene Dawson • Bailey Properties
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81971435
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-16 00:02:45 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.