234 Vista Del Mar AvePismo BeachCA93449
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
Investment Highlights
Rental property for sale in Pismo Beach at 234 Vista Del Mar Ave, Pismo Beach, CA, 93449 offers $4,342/mo rent that, after a $7,772/mo payment. Total monthly income is $4,342/mo. Return on cash invested measures 7.59% in year one, and rental yield stands at 3.28% at a $1,588,000 entry. Equity gained on principal adds $10,247/yr while 5% annual appreciation compounds into $438,735 by year five. Five-year ROI records 36.66% and total cumulative return in cash reaches $188,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,342/mo property income versus a $7,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93449, Pismo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,000 (100%) |
| Owner Occupied HU | 2,599 (43.3%) |
| Renter Occupied HU | 1,538 (25.6%) |
| Vacant Housing Units | 1,863 (31.0%) |
| Median Home Value | $1,084,426 |
| Average Home Value | $1,154,195 |
Housing Distribution
Address Breakdown
Residential
5,142
Single Family
4,889
Multi-Family
253
Businesses
605
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Listed by: Bunny R. Maxim • Pacific Premier Properties
Mls Name: North Santa Barbara County MLS
Mls ID: #25002328