128 Flag Way #APaso RoblesCA93446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 128 Flag Way #A, Paso Robles, CA, 93446 priced at $425,000 converts $3,139/mo rent into $510/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,139/mo, and annual cash flow totals $6,120/yr on $140,888 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 8.86% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 126.16% and total cumulative return in cash sums $177,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,139/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Condo
Built in 1979
1,100 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Roda • Platinum Properties
Mls Name: CRMLS
Mls ID: #NS25155320