1020 Cypress St #342 & 344Pismo BeachCA93449
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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 Pismo Beach at 1020 Cypress St #342 & 344, Pismo Beach, CA, 93449 generates $4,032/mo in rent and, after a $2,814/mo payment, leaves $475/mo in cash flow. Total monthly income is $4,032/mo, and annual cash flow is $5,703/yr on $189,175 invested. Return on cash invested sits at 23.08% in year one, and rental yield is 8.41% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash sums $226,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,032/mo property income rather than buyer’s personal income.
Condo
Built in 1974
571 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93449, Pismo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,000 (100%) |
| Owner Occupied HU | 2,599 (43.3%) |
| Renter Occupied HU | 1,538 (25.6%) |
| Vacant Housing Units | 1,863 (31.0%) |
| Median Home Value | $1,084,426 |
| Average Home Value | $1,154,195 |
Housing Distribution
Address Breakdown
Residential
5,142
Single Family
4,889
Multi-Family
253
Businesses
605
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Listed by: Dennis Allan • Allan Real Estate Investments
Mls Name: CRMLS
Mls Provider:
Mls ID: #PI25164751
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-24 00:28:18 PDT and /or other sources. 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