274 Higuera St SPC 9San Luis ObispoCA93401
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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
Rental property for sale in San Luis Obispo at 274 Higuera St SPC 9, San Luis Obispo, CA, 93401 generates $2,058/mo in rent and, after a $685/mo payment, leaves $1,192/mo in cash flow. Total monthly income is $2,058/mo, and annual cash flow is $14,307/yr on $46,393 invested. Return on cash invested sits at 50.75% in year one, and rental yield is 17.65% on a $139,950 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,666 over five years. Five-year ROI reaches 268.32% and total cumulative return in cash sums $124,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,058/mo property income rather than buyer’s personal income.
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
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Listed by: BRUCE DAVIES • Harmony Communities
Mls Name: CRMLS
Mls ID: #WS25179536