1180 Starlite DrNipomoCA93444
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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 Nipomo at 1180 Starlite Dr, Nipomo, CA, 93444 uses $165,748 cash to close to unlock $1,070/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $3,182/mo, and a $2,447/mo payment keeps the spread at $89/mo. Purchase price stands at $499,995, and rental yield measures 7.64% with $3,182/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $138,139 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash records $176,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,182/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93444, Nipomo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,910 (100%) |
| Owner Occupied HU | 6,140 (68.9%) |
| Renter Occupied HU | 2,112 (23.7%) |
| Vacant Housing Units | 658 ( 7.4%) |
| Median Home Value | $841,968 |
| Average Home Value | $945,447 |
Housing Distribution
Address Breakdown
Residential
8,126
Single Family
6,821
Multi-Family
1,305
Businesses
484
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Listed by: Joseph Lopez • Pacific Coast Highway Real Estate Group
Mls Name: CRMLS
Mls ID: #PI25247878