190 Main St #25Morro BayCA93442
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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
Investment property for sale in Morro Bay at 190 Main St #25, Morro Bay, CA, 93442 listed at $195,000 pairs $1,484/mo rent with a $954/mo payment to leave $278/mo cash flow. Total monthly income runs $1,484/mo, and annual cash flow reaches $3,337/yr on $64,643 cash to close. Return on cash invested measures 25.07% in year one, and rental yield registers 9.13% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 130.59% and total cumulative return in cash totals $84,418. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,484/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93442, Morro Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,023 (100%) |
| Owner Occupied HU | 3,052 (43.5%) |
| Renter Occupied HU | 2,245 (32.0%) |
| Vacant Housing Units | 1,726 (24.6%) |
| Median Home Value | $900,602 |
| Average Home Value | $989,842 |
Housing Distribution
Address Breakdown
Residential
5,790
Single Family
5,479
Multi-Family
311
Businesses
558
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Listed by: Jerris Greenblat • Windermere Central Coast
Mls Name: CRMLS
Mls ID: #SC25221685