256 N 7th StGrover BeachCA93433
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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
Total monthly income runs $4,603/mo, and a $6,358/mo payment. Purchase price stands at $1,299,000, and rental yield measures 4.25% with $4,603/mo rent. Return on cash invested shows 10.58% in year one, and 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 52.73% and total cumulative return in cash records $221,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,603/mo property income covering a $6,358/mo payment rather than investor’s personal income.
Single Family
Built in 2025
3,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: Diana Dennis • Keller Williams Realty Santa Barbara
Mls Name: CRMLS
Mls ID: #PI25234926