150 Lighthouse AvePacific 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
Rental property for sale in Pacific Grove at 150 Lighthouse Ave, Pacific Grove, CA, 93950 priced at $1,395,000 pairs $4,170/mo rent with after a $6,828/mo payment. Total monthly income equals $4,170/mo. Return on cash invested is 8.53% in year one, and rental yield stands at 3.59% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 41.72% and total cumulative return in cash reaches $188,566. For financing, Ziffy Mortgage’s DSCR program evaluates $4,170/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1951
4,042 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: Annie Youn • New Star Realty Silicon Valley
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81990624
Disclaimer: Based on information from the MLSListings MLS as of 2025-02-12 15:31:54 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.