1559 Waring StSeasideCA93955
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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 Seaside at 1559 Waring St, Seaside, CA, 93955 generates $4,093/mo in rent, after a $3,573/mo payment. Total monthly income is $4,093/mo. Return on cash invested sits at 17.95% in year one, and rental yield is 6.73% on a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,686 over five years. Five-year ROI reaches 92.3% and total cumulative return in cash sums $221,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
3,750 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
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Listed by: Rafael E. Sosa • Monterey Peninsula Properties
Mls Name: MLSListings Inc
Mls ID: #ML82027642