220 Crosby WayNipomoCA93444
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 Nipomo at 220 Crosby Way, Nipomo, CA, 93444 at $449,000 posts ROI 26.96% with $874/mo cash flow from $3,652/mo rent. Total monthly income equals $3,652/mo, and annual cash flow records $10,488/yr on $148,844 to close. Return on cash invested measures 26.96% and rental yield reads 9.76% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 140.65% and total cumulative return in cash totals $209,356.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1972
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93444, Nipomo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,910 (100%) |
| Owner Occupied HU | 6,140 (68.9%) |
| Renter Occupied HU | 2,112 (23.7%) |
| Vacant Housing Units | 658 ( 7.4%) |
| Median Home Value | $841,968 |
| Average Home Value | $945,447 |
Housing Distribution
Address Breakdown
Residential
8,126
Single Family
6,821
Multi-Family
1,305
Businesses
484
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Listed by: Andrew Richardson • Richardson Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #SC25178084