1186 16th StLos OsosCA93402
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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 Los Osos at 1186 16th St, Los Osos, CA, 93402 generates $5,263/mo in rent, after a $8,237/mo payment. Total monthly income is $5,263/mo. Return on cash invested sits at 9.04% in year one, and rental yield is 3.75% on a $1,683,000 entry. Equity gained on principal adds $10,860/yr, while 5% annual appreciation builds toward $464,982 over five years. Five-year ROI reaches 44.46% and total cumulative return in cash sums $242,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,263/mo property income rather than buyer’s personal income.
Multi Family
Built in 1980
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93402, Los Osos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,643 (100%) |
| Owner Occupied HU | 4,286 (64.5%) |
| Renter Occupied HU | 1,776 (26.7%) |
| Vacant Housing Units | 581 ( 8.7%) |
| Median Home Value | $836,514 |
| Average Home Value | $910,146 |
Housing Distribution
Address Breakdown
Residential
6,206
Single Family
5,922
Multi-Family
284
Businesses
237
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Listed by: Jody Neal • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2724
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