274 Higuera St SPC 9San Luis ObispoCA93401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 274 Higuera St SPC 9, San Luis Obispo, CA, 93401 in San Luis Obispo deserves attention. This $139,950 property earns $2,058/mo in rent, a 17.65% gross yield, and nets $1,192/mo after the $629/mo payment. DSCR 3.27 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $38,666 compounds alongside $1,289/yr in yearly equity build, for a total cumulative return of $129,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.7% | 6.2% |
| Monthly Cash Flow | $1,192 | $300 |
City averages based on San Luis Obispo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,058 |
| Total Monthly Debt Service | $810 |
| DSCR Ratio | 2.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRUCE DAVIES • Harmony Communities
Mls Name: CRMLS
Mls ID: #WS25179536