1201 David Ave, Pacific Grove, CA, 93950 | 4.74% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pacific Grove at 1201 David Ave, Pacific Grove, CA, 93950 offers a 4.74% rental yield on a $1,025,000 purchase with $4,051/mo rent. 1% in year one. Equity gained on principal adds $6,614/yr while 5% annual appreciation supports $283,189 over five years. Portfolio math shows five-year ROI at 60.85% and total cumulative return in cash at $202,096. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,051/mo property income against a $5,017/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

4,500 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93950, Pacific Grove, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,117 (100%)
Owner Occupied HU	3,252 (40.1%)
Renter Occupied HU	3,449 (42.5%)
Vacant Housing Units	1,416 (17.4%)
Median Home Value	$1,218,586
Average Home Value	$1,311,521