111 Sunrise TerAvila BeachCA93424
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 Avila Beach at 111 Sunrise Ter, Avila Beach, CA, 93424 offers $2,948/mo rent that, after a $4,464/mo payment. Total monthly income is $2,948/mo. Return on cash invested measures 7.69% in year one, and rental yield stands at 3.88% at a $912,000 entry. Equity gained on principal adds $5,885/yr while 5% annual appreciation compounds into $251,969 by year five. Five-year ROI records 37.83% and total cumulative return in cash reaches $113,519. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,948/mo property income versus a $4,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
5,301 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93424, Avila Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 934 (100%) |
| Owner Occupied HU | 466 (49.9%) |
| Renter Occupied HU | 205 (21.9%) |
| Vacant Housing Units | 263 (28.2%) |
| Median Home Value | $1,428,571 |
| Average Home Value | $1,463,637 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
109
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Nearby investment properties with comparable prices
Listed by: Danielle Y. Windes • The Landmark Agency
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505299
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.