3121 Spring St APT 106Paso RoblesCA93446
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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 Paso Robles at 3121 Spring St APT 106, Paso Robles, CA, 93446 earns $158/mo cash flow from $2,007/mo rent with a $1,463/mo payment. Total monthly income totals $2,007/mo, and annual cash flow totals $1,893/yr on $99,119 capital. ROI tracks 21.82% on current figures, and rental yield reads 8.05% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash sums $112,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,007/mo property income instead of your personal income.
Condo
Built in 1984
728 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93446, Paso Robles, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,087 (100%) |
| Owner Occupied HU | 11,680 (58.1%) |
| Renter Occupied HU | 5,915 (29.4%) |
| Vacant Housing Units | 2,492 (12.4%) |
| Median Home Value | $755,010 |
| Average Home Value | $851,008 |
Housing Distribution
Address Breakdown
Residential
18,199
Single Family
17,149
Multi-Family
1,050
Businesses
1,684
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Listed by: Jeanette Lopez • RE/MAX Parkside Real Estate
Mls Name: CRMLS
Mls ID: #NS25250791