1107 Austin AvePacific GroveCA93950
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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 Pacific Grove at 1107 Austin Ave, Pacific Grove, CA, 93950 listed at $1,775,800 pairs $5,469/mo rent with a $8,692/mo payment. Total monthly income runs $5,469/mo. Return on cash invested measures 8.86% in year one, and rental yield registers 3.7% at a $1,775,800 basis. Equity gained on principal adds $11,459/yr, and annual property appreciation at 5% supports $490,621 by year five. Five-year ROI tracks 43.51% and total cumulative return in cash totals $250,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,469/mo property income relative to a $8,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93950, Pacific Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 3,252 (40.1%) |
| Renter Occupied HU | 3,449 (42.5%) |
| Vacant Housing Units | 1,416 (17.4%) |
| Median Home Value | $1,218,586 |
| Average Home Value | $1,311,521 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
6,800
Multi-Family
986
Businesses
1,054
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Listed by: Melissa Taylor • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82028865