249 Margo WayPismo BeachCA93449
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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 Pismo Beach at 249 Margo Way, Pismo Beach, CA, 93449 with 5% annual appreciation on a $1,240,000 basis while $5,498/mo rent supports operations. 88% in year one. Equity gained on principal adds $8,002/yr, and five-year appreciation sums $342,589 alongside rental yield of 5.32%. Five-year ROI measures 70.42% and total cumulative return in cash totals $282,906. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,498/mo property income versus a $6,069/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
8,925 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: Jonathan Minerick • Homecoin.com
Mls Name: CRMLS
Mls ID: #TR25200033