26 S Ocean Front LnCayucosCA93430
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 26 S Ocean Front Ln, Cayucos, CA, 93430 in Cayucos the bet is firmly on appreciation. Rental yield 2.56%. The 2.56% gross yield on a $1,800,000 price is below income-first thresholds, but 5%/yr value growth projects $497,307 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.47) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $189,025.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 5.5% |
| Monthly Cash Flow | $(7,695) | $1,500 |
City averages based on Cayucos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $10,819 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1981
1,219 sqft lot
$N/A/sqft
$1,200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
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
Condo
Built in 1981
1,219 sqft lot
$N/A/sqft
$1,200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices