351 Selma StPismo BeachCA93449
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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 Pismo Beach at 351 Selma St, Pismo Beach, CA, 93449 offers a 3.9% rental yield on a $1,875,000 purchase with $6,090/mo rent. 49% in year one. Equity gained on principal adds $12,099/yr while 5% annual appreciation supports $518,028 over five years. Portfolio math shows five-year ROI at 46.86% and total cumulative return in cash at $284,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,090/mo property income against a $9,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93449, Pismo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,000 (100%) |
| Owner Occupied HU | 2,599 (43.3%) |
| Renter Occupied HU | 1,538 (25.6%) |
| Vacant Housing Units | 1,863 (31.0%) |
| Median Home Value | $1,084,426 |
| Average Home Value | $1,154,195 |
Housing Distribution
Address Breakdown
Residential
5,142
Single Family
4,889
Multi-Family
253
Businesses
605
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Listed by: Stacy Bromley • Central Coast Beach Properties
Mls Name: CRMLS
Mls ID: #PI25193375