231 Trevino Dr #231NipomoCA93444
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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
Investment property for sale in Nipomo at 231 Trevino Dr #231, Nipomo, CA, 93444 offers a 3.53% rental yield on a $449,000 purchase with $1,320/mo rent. 15% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 39.84% and total cumulative return in cash at $59,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
N/A 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: Kelly Shatto • eXp Realty of California Inc
Mls Name: MLSListings Inc
Mls ID: #ML82020950