142 11th StPacific GroveCA93950
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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 Pacific Grove at 142 11th St, Pacific Grove, CA, 93950 listed at $1,565,000 pairs $4,938/mo rent with a $7,660/mo payment. Total monthly income runs $4,938/mo. Return on cash invested measures 9.14% in year one, and rental yield registers 3.79% at a $1,565,000 basis. Equity gained on principal adds $10,099/yr, and annual property appreciation at 5% supports $432,381 by year five. Five-year ROI tracks 45.01% and total cumulative return in cash totals $228,247. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,938/mo property income relative to a $7,660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
3,550 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 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
6,800
Multi-Family
986
Businesses
1,054
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Listed by: Peggy Jones • The Jones Group-Coast & Country Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82028808