1585 K StSan MiguelCA93451
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1585 K St, San Miguel, CA, 93451 in San Miguel at $549,900, 5.36% gross yield, is a market-growth asset. Rental yield 5.36%. The $2,456/mo rent partially funds the $2,473/mo debt service; the core return is the 5%/yr price growth projected to add $151,927 over five years. Ziffy Mortgage's DSCR mortgage (0.99) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $147,633.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.0% |
| Monthly Cash Flow | $(946) | $1,000 |
City averages based on San Miguel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,456 |
| Total Monthly Debt Service | $3,183 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93451, San Miguel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,019 (60.0%) |
| Renter Occupied HU | 522 (30.8%) |
| Vacant Housing Units | 156 ( 9.2%) |
| Median Home Value | $486,066 |
| Average Home Value | $693,408 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
59
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
Single Family
Built in 1953
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93451, San Miguel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,019 (60.0%) |
| Renter Occupied HU | 522 (30.8%) |
| Vacant Housing Units | 156 ( 9.2%) |
| Median Home Value | $486,066 |
| Average Home Value | $693,408 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,236
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Townsend • RE/MAX Success
Mls Name: CRMLS
Mls ID: #NS25152829