1150 Pacific BlvdOceanoCA93445
Nearby investment properties with comparable rents
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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
Rental property for sale in Oceano at 1150 Pacific Blvd, Oceano, CA, 93445 priced at $1,250,000 pairs $2,471/mo rent with after a $6,118/mo payment. Total monthly income equals $2,471/mo. Return on cash invested is 4.78% in year one, and rental yield stands at 2.37% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 21.62% and total cumulative return in cash reaches $87,541. For financing, Ziffy Mortgage’s DSCR program evaluates $2,471/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1978
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93445, Oceano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 1,360 (44.7%) |
| Renter Occupied HU | 1,152 (37.9%) |
| Vacant Housing Units | 529 (17.4%) |
| Median Home Value | $614,087 |
| Average Home Value | $672,846 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,652
Multi-Family
74
Businesses
120
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Listed by: Brenda J Auer • Auer Real Estate Inc.
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25000787
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