2220 Exposition Dr UNIT 54San Luis ObispoCA93401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis San Luis Obispo rental at 2220 Exposition Dr UNIT 54, San Luis Obispo, CA, 93401 sits in the solid-income band: 9.43% gross yield, $5,477/mo rent, $865/mo net after the $3,134/mo debt service, DSCR 1.75. Entry price of $697,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $192,568 and $6,419/yr in principal reduction bring total cumulative return to $321,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $865 | $300 |
City averages based on San Luis Obispo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,477 |
| Total Monthly Debt Service | $4,334 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
1,038 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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
Condo
Built in 1985
1,038 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices