132 6th St, Pacific Grove, CA, 93950 | 4.91% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1264 sft

3137 Seacrest Ave APT 17, Marina, CA, 93933

4 Bed
2 Bath
1549 sft

1439 Wolf Ct, Salinas, CA, 93905

3 Bed
2 Bath
1102 sft

13047 Arthur St, Salinas, CA, 93906

2 Bed
1 Bath
772 sft

309 Central Ave, Salinas, CA, 93901

Nearby investment properties with comparable prices

2 Bed
1 Bath
950 sft

15570 Del Monte Farms Rd, Castroville, CA, 95012

1 Bed
1 Bath
560 sft

414 Sinex Ave, Pacific Grove, CA, 93950

2 Bed
2 Bath
1802 sft

23799 Monterey Salinas Hwy APT 18, Salinas, CA, 93908

3 Bed
2 Bath
1782 sft

422 Shelley Way, Salinas, CA, 93901

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,947/mo, and a $4,723/mo payment. Purchase price stands at $965,000, and rental yield measures 4.91% with $3,947/mo rent. Return on cash invested shows 12.42% in year one, and 5% annual appreciation builds toward $266,612 over five years. Five-year ROI reaches 62.62% and total cumulative return in cash records $198,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,947/mo property income covering a $4,723/mo payment rather than investor’s personal income.

Single Family

Built in 1949

1,935 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93950, Pacific Grove, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,117 (100%)
Owner Occupied HU	3,252 (40.1%)
Renter Occupied HU	3,449 (42.5%)
Vacant Housing Units	1,416 (17.4%)
Median Home Value	$1,218,586
Average Home Value	$1,311,521