3166 Shearer AveCayucosCA93430
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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
Rental property for sale in Cayucos at 3166 Shearer Ave, Cayucos, CA, 93430 offers $6,472/mo rent that, after a $9,052/mo payment. Total monthly income is $6,472/mo. Return on cash invested measures 10.42% in year one, and rental yield stands at 4.2% at a $1,849,500 entry. Equity gained on principal adds $11,935/yr while 5% annual appreciation compounds into $510,983 by year five. Five-year ROI records 51.86% and total cumulative return in cash reaches $310,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,472/mo property income versus a $9,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
2,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
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Listed by: John McGee • Central Coast Real Estate
Mls Name: CRMLS
Mls ID: #SC25157012