2300 Cienaga St SPACE 55, Oceano, CA, 93445 | $685/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oceano at 2300 Cienaga St SPACE 55, Oceano, CA, 93445 offers a 10.26% rental yield on a $290,000 purchase with $2,479/mo rent. Total monthly income registers $2,479/mo, and a $1,419/mo payment leaves $685/mo available for distribution. Annual cash flow reaches $8,225/yr on $96,135 to close, and return on cash invested stands at 28.46% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 148.76% and total cumulative return in cash at $143,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,479/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1978

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93445, Oceano, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,041 (100%)
Owner Occupied HU	1,360 (44.7%)
Renter Occupied HU	1,152 (37.9%)
Vacant Housing Units	529 (17.4%)
Median Home Value	$614,087
Average Home Value	$672,846