772 Spreckels RdKing 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 772 Spreckels Rd, King City, CA, 93930 offers a 9.12% rental yield on a $669,900 purchase with $5,089/mo rent. Total monthly income registers $5,089/mo, and a $3,279/mo payment leaves $860/mo available for distribution. Annual cash flow reaches $10,317/yr on $220,397 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,081 over five years. Portfolio math shows five-year ROI at 128.88% and total cumulative return in cash at $284,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,089/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,050 sqft lot
$N/A/sqft
$85 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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Nearby investment properties with comparable prices
Listed by: Eisrael Gomez • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81968175
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.