226 Bradley AveMorro BayCA93442
Nearby investment properties with comparable rents
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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 Morro Bay at 226 Bradley Ave, Morro Bay, CA, 93442 offers $5,234/mo rent that, after a $8,198/mo payment. Total monthly income is $5,234/mo. Return on cash invested measures 9.03% in year one, and rental yield stands at 3.75% at a $1,675,000 entry. Equity gained on principal adds $10,809/yr while 5% annual appreciation compounds into $462,772 by year five. Five-year ROI records 44.41% and total cumulative return in cash reaches $241,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,234/mo property income versus a $8,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
7,000 sqft 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: Marina Belmonte • Kase Real Estate
Mls Name: CRMLS
Mls ID: #NS25257006