119 Montecito AvePismo BeachCA93449
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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 Pismo Beach at 119 Montecito Ave, Pismo Beach, CA, 93449 earns from $2,377/mo rent with a $7,337/mo payment. Total monthly income totals $2,377/mo. ROI tracks 3.33% on current figures, and rental yield reads 1.9% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 13.84% and total cumulative return in cash sums $67,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,377/mo property income instead of your personal income.
Multi Family
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93449, Pismo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,000 (100%) |
| Owner Occupied HU | 2,599 (43.3%) |
| Renter Occupied HU | 1,538 (25.6%) |
| Vacant Housing Units | 1,863 (31.0%) |
| Median Home Value | $1,084,426 |
| Average Home Value | $1,154,195 |
Housing Distribution
Address Breakdown
Residential
5,142
Single Family
4,889
Multi-Family
253
Businesses
605
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Listed by: Kevin Zepeda • Res Com Services
Mls Name: North Santa Barbara County MLS
Mls ID: #25001363