3057 S Higuera St SPACE 166San 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 3057 S Higuera St SPACE 166, San Luis Obispo, CA, 93401 listed at $230,000 pairs $1,556/mo rent with a $1,126/mo payment. Total monthly income runs $1,556/mo. Return on cash invested measures 17.48% in year one, and rental yield registers 8.12% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 91.47% and total cumulative return in cash totals $69,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,556/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
2,682 sqft lot
$N/A/sqft
$287 monthly 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: Hal Sweasey • Keller Williams Realty Central Coast
Mls Name: CRMLS
Mls Provider:
Mls ID: #SC25131901
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