1263 Pismo StSan 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 1263 Pismo St, San Luis Obispo, CA, 93401 offers a 3.4% rental yield on a $1,599,000 purchase with $4,533/mo rent. 96% in year one. Equity gained on principal adds $10,318/yr while 5% annual appreciation supports $441,774 over five years. Portfolio math shows five-year ROI at 38.66% and total cumulative return in cash at $200,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,533/mo property income against a $7,826/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
6,970 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: Bruce Freeberg • The Real Estate Group
Mls Name: CRMLS
Mls ID: #SC25145632