243 Lark DrPaso RoblesCA93446
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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 Paso Robles at 243 Lark Dr, Paso Robles, CA, 93446 at $469,900 posts ROI 20.06% with $20/mo cash flow from $2,927/mo rent. Total monthly income equals $2,927/mo, and annual cash flow records $240/yr on $155,772 to close. Return on cash invested measures 20.06% and rental yield reads 7.47% at the current $469,900. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 by year five. Five-year ROI prints 103.68% and total cumulative return in cash totals $161,510.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1985
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93446, Paso Robles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,087 (100%) |
| Owner Occupied HU | 11,680 (58.1%) |
| Renter Occupied HU | 5,915 (29.4%) |
| Vacant Housing Units | 2,492 (12.4%) |
| Median Home Value | $755,010 |
| Average Home Value | $851,008 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,149
Multi-Family
1,050
Businesses
1,684
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Listed by: Kate Graham • GUIDE Real Estate
Mls Name: CRMLS
Mls ID: #NS25191822