179 Pacific AvePacific GroveCA93950
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
Investment property for sale in Pacific Grove at 179 Pacific Ave, Pacific Grove, CA, 93950 earns from $4,891/mo rent with a $8,443/mo payment. Total monthly income totals $4,891/mo. ROI tracks 7.96% on current figures, and rental yield reads 3.4% at a $1,725,000 purchase. Equity gained on principal adds $11,131/yr, and 5% annual appreciation supports $476,586 over five years. Five-year ROI reaches 38.66% and total cumulative return in cash sums $216,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,891/mo property income instead of your personal income.
Single Family
Built in 1910
2,665 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arleen Hardenstein • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82028120