1105 Morro Ave #7, Morro Bay, CA, 93442 | $2,836/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Morro Bay at 1105 Morro Ave #7, Morro Bay, CA, 93442 offers $3,516/mo rent that, after a $538/mo payment, leaves $2,836/mo cash flow. Total monthly income is $3,516/mo, and annual cash flow is $34,031/yr on $36,465 cash. Return on cash invested measures 113.23% in year one, and rental yield stands at 38.36% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 603.27% and total cumulative return in cash reaches $219,984. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,516/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1971

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93442, Morro Bay, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,023 (100%)
Owner Occupied HU	3,052 (43.5%)
Renter Occupied HU	2,245 (32.0%)
Vacant Housing Units	1,726 (24.6%)
Median Home Value	$900,602
Average Home Value	$989,842