1252 Olympia AveSeasideCA93955
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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 Seaside at 1252 Olympia Ave, Seaside, CA, 93955 offers a 2.03% rental yield on a $1,899,999 purchase with $3,218/mo rent. 73% in year one. Equity gained on principal adds $12,260/yr while 5% annual appreciation supports $524,935 over five years. Portfolio math shows five-year ROI at 15.98% and total cumulative return in cash at $98,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,218/mo property income against a $9,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1960
10,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
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Listed by: Mary Ayers • Coldwell Banker Realty
Mls Name: MLSListings Inc
Mls ID: #ML82021622