1497 Highland PlSeasideCA93955
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 Seaside at 1497 Highland Pl, Seaside, CA, 93955 generates $3,674/mo in rent, after a $5,222/mo payment. Total monthly income is $3,674/mo. Return on cash invested sits at 10.21% in year one, and rental yield is 4.13% on a $1,067,000 entry. Equity gained on principal adds $6,885/yr, while 5% annual appreciation builds toward $294,792 over five years. Five-year ROI reaches 50.74% and total cumulative return in cash sums $175,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,674/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerilyn Albert • KW Coastal Estates
Mls Name: MLSListings Inc
Mls ID: #ML82028179