1050 Nice AveGrover BeachCA93433
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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 Grover Beach at 1050 Nice Ave, Grover Beach, CA, 93433 earns $334/mo cash flow from $4,046/mo rent with a $2,937/mo payment. Total monthly income totals $4,046/mo, and annual cash flow totals $4,008/yr on $197,400 capital. ROI tracks 22.09% on current figures, and rental yield reads 8.09% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 114.5% and total cumulative return in cash sums $226,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,046/mo property income instead of your personal income.
Single Family
Built in 1960
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: Leon Van Beurden • Bay Osos Brokers
Mls Name: CRMLS
Mls ID: #SC25270052