3290 Lavender LnSan Luis ObispoCA93401
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 San Luis Obispo at 3290 Lavender Ln, San Luis Obispo, CA, 93401 offers a 7.7% rental yield on a $849,000 purchase with $5,446/mo rent. Total monthly income registers $5,446/mo, and a $4,155/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,332/yr on $279,321 to close, and return on cash invested stands at 20.9% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 108.1% and total cumulative return in cash at $301,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,446/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
2,212 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Carstensen • Keller Williams Realty Central Coast
Mls Name: CRMLS
Mls ID: #PI25200998