1061 Legacy LnSan Luis ObispoCA93405
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
Rental property for sale in San Luis Obispo at 1061 Legacy Ln, San Luis Obispo, CA, 93405 priced at $969,410 pairs $8,962/mo rent with $2,965/mo cash flow after a $4,745/mo payment. Total monthly income equals $8,962/mo, and annual cash flow comes to $35,578/yr on $318,936 invested. Return on cash invested is 31.22% in year one, and rental yield stands at 11.09% on a $969,410 basis. Equity gained on principal adds $6,255/yr, and 5% annual appreciation accumulates to $267,830 by year five. Five-year ROI measures 163.43% and total cumulative return in cash reaches $521,231. For financing, Ziffy Mortgage’s DSCR program evaluates $8,962/mo property income against a $4,745/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93405, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,037 (100%) |
| Owner Occupied HU | 3,743 (37.3%) |
| Renter Occupied HU | 5,313 (52.9%) |
| Vacant Housing Units | 981 ( 9.8%) |
| Median Home Value | $896,231 |
| Average Home Value | $995,867 |
Housing Distribution
Address Breakdown
Residential
9,389
Single Family
7,914
Multi-Family
1,475
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Coastal Community Builders
Mls Name: Coastal Community Builders
Mls ID: #N/A