147 11th StGrover BeachCA93433
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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
Rental property for sale in Grover Beach at 147 11th St, Grover Beach, CA, 93433 generates $2,759/mo in rent, after a $2,442/mo payment. Total monthly income is $2,759/mo. Return on cash invested sits at 17.53% in year one, and rental yield is 6.63% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 90.11% and total cumulative return in cash sums $149,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,759/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: April Dean • BHGRE HAVEN PROPERTIES
Mls Name: CRMLS
Mls ID: #SC25217375