221 Crosby WayNipomoCA93444
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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
Total monthly income runs $3,494/mo, and a $3,010/mo payment. Purchase price stands at $615,000, and rental yield measures 6.82% with $3,494/mo rent. Return on cash invested shows 18.22% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 93.74% and total cumulative return in cash records $189,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,494/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
6,000 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: Jessie Madril • Taylor Hoving Realty Group
Mls Name: CRMLS
Mls ID: #PI26003743