2845 Loganberry LnAvila BeachCA93424
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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 $5,238/mo, and a $9,299/mo payment. Purchase price stands at $1,899,800, and rental yield measures 3.31% with $5,238/mo rent. Return on cash invested shows 7.67% in year one, and 5% annual appreciation builds toward $524,880 over five years. Five-year ROI reaches 37.11% and total cumulative return in cash records $228,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,238/mo property income covering a $9,299/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,015 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
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Listed by: Taylor North • San Luis Bay Realty
Mls Name: CRMLS
Mls ID: #SC25266127