716 Spreckels RdKing CityCA93930
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 King City at 716 Spreckels Rd, King City, CA, 93930 earns $2,012/mo cash flow from $5,978/mo rent with a $2,932/mo payment. Total monthly income totals $5,978/mo, and annual cash flow totals $24,139/yr on $197,071 capital. ROI tracks 32.31% on current figures, and rental yield reads 11.98% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 169.88% and total cumulative return in cash sums $334,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,978/mo property income instead of your personal income.
Single Family
Built in 2021
8,052 sqft lot
$N/A/sqft
$90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sofia Sandoval • Sofia Sandoval, Broker
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81968472
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 19:57:31 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.