2400 Cienaga St SPACE 108OceanoCA93445
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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 Oceano at 2400 Cienaga St SPACE 108, Oceano, CA, 93445 earns $1,355/mo cash flow from $3,396/mo rent with a $1,615/mo payment. Total monthly income totals $3,396/mo, and annual cash flow totals $16,257/yr on $109,395 capital. ROI tracks 34.77% on current figures, and rental yield reads 12.35% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 182.53% and total cumulative return in cash sums $199,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,396/mo property income instead of your personal income.
Manufactured
Built in 2005
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 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,652
Multi-Family
74
Businesses
120
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Listed by: Peggy Marcantoni • Sanderson & Marcantoni RE
Mls Name: Fresno MLS
Mls Provider:
Mls ID: #620317
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.