334 Corona Del TerraArroyo GrandeCA93420
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
Rental property for sale in Arroyo Grande at 334 Corona Del Terra, Arroyo Grande, CA, 93420 priced at $1,700,000 pairs $6,305/mo rent with after a $8,321/mo payment. Total monthly income equals $6,305/mo. Return on cash invested is 11.19% in year one, and rental yield stands at 4.45% on a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and 5% annual appreciation accumulates to $469,679 by year five. Five-year ROI measures 56.01% and total cumulative return in cash reaches $308,491. For financing, Ziffy Mortgage’s DSCR program evaluates $6,305/mo property income against a $8,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93420, Arroyo Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,496 (100%) |
| Owner Occupied HU | 8,722 (64.6%) |
| Renter Occupied HU | 3,549 (26.3%) |
| Vacant Housing Units | 1,225 ( 9.1%) |
| Median Home Value | $935,530 |
| Average Home Value | $1,044,501 |
Housing Distribution
Address Breakdown
Residential
12,574
Single Family
12,128
Multi-Family
446
Businesses
847
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Listed by: Cheri Wieland • The Wieland Team
Mls Name: CRMLS
Mls ID: #PI25199603