3 Lighthouse Rd #3Half Moon BayCA94019
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
Investment Highlights
Investment property for sale in Half Moon Bay at 3 Lighthouse Rd #3, Half Moon Bay, CA, 94019 at $480,000 posts ROI 28.29% with $1,111/mo cash flow from $4,080/mo rent. Total monthly income equals $4,080/mo, and annual cash flow records $13,332/yr on $159,120 to close. Return on cash invested measures 28.29% and rental yield reads 10.2% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 147.76% and total cumulative return in cash totals $235,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
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Listed by: Cynthia Mills • Home Sales Team Inc
Mls Name: MLSListings Inc
Mls ID: #ML82033040