1172 Velarde CirSan MiguelCA93451
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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 San Miguel at 1172 Velarde Cir, San Miguel, CA, 93451 offers a 6.84% rental yield on a $490,000 purchase with $2,794/mo rent. 16% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 93.48% and total cumulative return in cash at $151,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,794/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
2,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93451, San Miguel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,019 (60.0%) |
| Renter Occupied HU | 522 (30.8%) |
| Vacant Housing Units | 156 ( 9.2%) |
| Median Home Value | $486,066 |
| Average Home Value | $693,408 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
59
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Listed by: Susan Clark • Keller Williams Realty Central Coast
Mls Name: CRMLS
Mls ID: #PI25147150