1051 Olympic LnSeasideCA93955
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 Seaside at 1051 Olympic Ln, Seaside, CA, 93955 offers a 5.54% rental yield on a $829,000 purchase with $3,830/mo rent. 35% in year one. Equity gained on principal adds $5,349/yr while 5% annual appreciation supports $229,037 over five years. Portfolio math shows five-year ROI at 72.98% and total cumulative return in cash at $199,048. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,830/mo property income against a $4,058/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
1,638 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Whitehead - Samples • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82026699