253 Country Club DrAvila BeachCA93424
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 Avila Beach at 253 Country Club Dr, Avila Beach, CA, 93424 priced at $849,000 converts $3,820/mo rent into after a $4,155/mo obligation. Total monthly income equals $3,820/mo. Return on cash invested prints 13.91% in year one, and rental yield reads 5.4% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 70.64% and total cumulative return in cash sums $197,312. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,820/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93424, Avila Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 934 (100%) |
| Owner Occupied HU | 466 (49.9%) |
| Renter Occupied HU | 205 (21.9%) |
| Vacant Housing Units | 263 (28.2%) |
| Median Home Value | $1,428,571 |
| Average Home Value | $1,463,637 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Fissori • Real Broker
Mls Name: CRMLS
Mls ID: #PI25197118