1075 Ella St #3San Luis ObispoCA93401
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 San Luis Obispo at 1075 Ella St #3, San Luis Obispo, CA, 93401 earns $296/mo cash flow from $2,906/mo rent with a $2,065/mo payment. Total monthly income totals $2,906/mo, and annual cash flow totals $3,552/yr on $139,868 capital. ROI tracks 22.45% on current figures, and rental yield reads 8.26% at a $421,925 purchase. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,570 over five years. Five-year ROI reaches 116.49% and total cumulative return in cash sums $162,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,906/mo property income instead of your personal income.
Condo
Built in 2007
495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Schalde • Andrews Real Estate Group, Inc.
Mls Name: CRMLS
Mls ID: #SC25157990