668 Meyer AveKing CityCA93930
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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
Rental property for sale in King City at 668 Meyer Ave, King City, CA, 93930 offers $4,727/mo rent that, after a $3,174/mo payment, leaves $715/mo cash flow. Total monthly income is $4,727/mo, and annual cash flow is $8,584/yr on $213,357 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 8.75% at a $648,500 entry. Equity gained on principal adds $4,185/yr while 5% annual appreciation compounds into $179,169 by year five. Five-year ROI records 125.2% and total cumulative return in cash reaches $267,119. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,727/mo property income versus a $3,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
8,051 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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Nearby investment properties with comparable prices
Listed by: Jasmine Duncan • Oak Shores Realty
Mls Name: MLSListings Inc
Mls ID: #ML82021490