121 Flag Way #CPaso 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
Rental property for sale in Paso Robles at 121 Flag Way #C, Paso Robles, CA, 93446 offers $2,993/mo rent that, after a $2,100/mo payment, leaves $339/mo cash flow. Total monthly income is $2,993/mo, and annual cash flow is $4,066/yr on $142,214 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.37% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 118.17% and total cumulative return in cash reaches $168,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,993/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
1,218 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: David Crabtree • Home & Ranch Sotheby's Intl
Mls Name: CRMLS
Mls ID: #NS25192539