680 Bikle DrKing 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
Investment property for sale in King City at 680 Bikle Dr, King City, CA, 93930 uses $220,397 cash to close to unlock $12,573/yr annual cash flow and $1,048/mo monthly cash flow. Total monthly income runs $5,267/mo, and a $3,279/mo payment keeps the spread at $1,048/mo. Purchase price stands at $669,900, and rental yield measures 9.43% with $5,267/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 134.35% and total cumulative return in cash records $296,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,267/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 2023
9,579 sqft lot
$N/A/sqft
$75 monthly 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: Sofia Sandoval • Lonoak Realty, Inc.
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81962793
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-15 22:31:41 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.