32 Oceanview Ave #32, Half Moon Bay, CA, 94019 | $1,513/mo Cash Flow

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32 Oceanview Ave #32, Half Moon Bay, CA, 94019 | $1,513/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Half Moon Bay at 32 Oceanview Ave #32, Half Moon Bay, CA, 94019 listed at $415,000 pairs $4,080/mo rent with a $2,031/mo payment to leave $1,513/mo cash flow. Total monthly income runs $4,080/mo, and annual cash flow reaches $18,155/yr on $137,573 cash to close. Return on cash invested measures 33.11% in year one, and rental yield registers 11.8% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 173.61% and total cumulative return in cash totals $238,833. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

An oceanview from the front porch welcomes you and your guests to this just-right unit with all the amenities one needs to be comfortable in this newer (2007) double wide mobile home in one of the nicest 55+ mobile home parks available. This 1080 sq ft, 2 bedroom, 2 bath home plus a den that can be an office or a guest bedroom just off the living room. The heart of the house is a well appointed kitchen: Built-in gas range and hood, granite counters/backsplash, pantry, all narurally lit from the skylight above. Laundry with sink and drying rack, plus storage. Newer awning over carport and enough room for a seating set up. Shed included.

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