1254 Miraleste DrSan Luis ObispoCA93401
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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 San Luis Obispo at 1254 Miraleste Dr, San Luis Obispo, CA, 93401 earns from $5,228/mo rent with a $7,342/mo payment. Total monthly income totals $5,228/mo. ROI tracks 10.37% on current figures, and rental yield reads 4.18% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 51.57% and total cumulative return in cash sums $250,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,228/mo property income instead of your personal income.
Condo
Built in 1989
6,467 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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Listed by: Larry Smyth • Farrell Smyth Real Estate
Mls Name: CRMLS
Mls ID: #SC25272837