12 Via Santa Barbara #12Paso RoblesCA93446
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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 Paso Robles at 12 Via Santa Barbara #12, Paso Robles, CA, 93446 offers a 10.26% rental yield on a $350,000 purchase with $2,993/mo rent. Total monthly income registers $2,993/mo, and a $1,713/mo payment leaves $828/mo available for distribution. Annual cash flow reaches $9,935/yr on $116,025 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 148.75% and total cumulative return in cash at $172,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,993/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
3,857 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93446, Paso Robles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,087 (100%) |
| Owner Occupied HU | 11,680 (58.1%) |
| Renter Occupied HU | 5,915 (29.4%) |
| Vacant Housing Units | 2,492 (12.4%) |
| Median Home Value | $755,010 |
| Average Home Value | $851,008 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,149
Multi-Family
1,050
Businesses
1,684
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Listed by: Alessandra McGuckin • Richardson Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #NS25216175