22 Ocean Pines Ln #22Pebble BeachCA93953
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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 Pebble Beach at 22 Ocean Pines Ln #22, Pebble Beach, CA, 93953 generates $4,680/mo in rent, after a $5,384/mo payment. Total monthly income is $4,680/mo. Return on cash invested sits at 13.22% in year one, and rental yield is 5.11% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 66.85% and total cumulative return in cash sums $238,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,680/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93953, Pebble Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 1,646 (53.5%) |
| Renter Occupied HU | 325 (10.6%) |
| Vacant Housing Units | 1,103 (35.9%) |
| Median Home Value | $1,728,618 |
| Average Home Value | $1,695,705 |
Housing Distribution
Address Breakdown
Residential
2,302
Single Family
2,180
Multi-Family
122
Businesses
134
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Listed by: Courtney Adamski • Carmel Realty Company
Mls Name: MLSListings Inc
Mls ID: #ML82026226