1639 Wade DrPaso RoblesCA93446
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 Paso Robles at 1639 Wade Dr, Paso Robles, CA, 93446 generates $3,466/mo in rent, after a $2,932/mo payment. Total monthly income is $3,466/mo. Return on cash invested sits at 18.6% in year one, and rental yield is 6.94% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 95.8% and total cumulative return in cash sums $188,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,466/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93446, Paso Robles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,087 (100%) |
| Owner Occupied HU | 11,680 (58.1%) |
| Renter Occupied HU | 5,915 (29.4%) |
| Vacant Housing Units | 2,492 (12.4%) |
| Median Home Value | $755,010 |
| Average Home Value | $851,008 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,149
Multi-Family
1,050
Businesses
1,684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsea King • Invest SLO
Mls Name: CRMLS
Mls ID: #PI25268248