2355 Beach Blvd APT 301PacificaCA94044
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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 Pacifica at 2355 Beach Blvd APT 301, Pacifica, CA, 94044 generates $4,932/mo in rent and, after a $3,416/mo payment, leaves $78/mo in cash flow. Total monthly income is $4,932/mo, and annual cash flow is $941/yr on $229,642 invested. Return on cash invested sits at 20.47% in year one, and rental yield is 8.48% on a $698,000 entry. Equity gained on principal adds $4,504/yr, while 5% annual appreciation builds toward $192,845 over five years. Five-year ROI reaches 106.84% and total cumulative return in cash sums $245,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,932/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$536 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 94044, Pacifica, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,705 (100%) |
| Owner Occupied HU | 9,684 (65.9%) |
| Renter Occupied HU | 4,526 (30.8%) |
| Vacant Housing Units | 495 ( 3.4%) |
| Median Home Value | $1,299,207 |
| Average Home Value | $1,367,093 |
Housing Distribution
Address Breakdown
Residential
14,504
Single Family
12,051
Multi-Family
2,453
Businesses
849
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Listed for sale | $698,000 |
| 1997-01-07 | Sold | $163,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $4206.40 | 5.62% | $255,144 | 2.00% |
| 2022-08-16 | $3982.48 | 1.37% | $250,142 | 2.00% |
| 2021-08-16 | $3928.54 | -0.28% | $245,238 | 1.04% |
Nearby investment properties with comparable rents
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No similar price properties found nearby.
Facts & Features
General Information
- Type: Condo
- Year Built: 1987
- Architectural Style: N/A
- Building Area: 1,009
- Living Area: 1,009 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace(s), Wall Furnace
- Cooling: None
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Detached, Off Street
HOA & Fees
- HOA Fee: $536 monthly
- Association Fee: $536 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public Utilities, Water Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Daniel Smith • Compass
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81976655
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-15 22:32:28 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.