355 Sonoma AveSeasideCA93955
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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 Seaside at 355 Sonoma Ave, Seaside, CA, 93955 offers $4,028/mo rent that, after a $4,772/mo payment. Total monthly income is $4,028/mo. Return on cash invested measures 12.57% in year one, and rental yield stands at 4.96% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 63.42% and total cumulative return in cash reaches $203,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,028/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
4,064 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
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Listed by: William Johnson • William Johnson
Mls Name: MetroList Services of CA
Mls ID: #225144350