2994 S Higuera St SPC 10San 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
Investment property for sale in San Luis Obispo at 2994 S Higuera St SPC 10, San Luis Obispo, CA, 93401 earns $237/mo cash flow from $1,165/mo rent with a $734/mo payment. Total monthly income totals $1,165/mo, and annual cash flow totals $2,847/yr on $49,725 capital. ROI tracks 25.63% on current figures, and rental yield reads 9.32% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash sums $66,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,165/mo property income instead of your personal income.
Manufactured
Built in 1982
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: Patricia Curtis • Keller Williams Realty Central Coast
Mls Name: CRMLS
Mls ID: #PI25223087