155 Lynne StreetGrover 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 155 Lynne Street, Grover Beach, CA, 93433 offers $4,204/mo rent that, after a $3,181/mo payment, leaves $183/mo cash flow. Total monthly income is $4,204/mo, and annual cash flow is $2,201/yr on $213,850 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 7.76% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 109.14% and total cumulative return in cash reaches $233,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,204/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
4,280 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: Brian J Parreira • Craig Smith & Associates, Inc.
Mls Name: TCMLS
Mls ID: #237344