3570 Beach StNiceCA95464
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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 Nice at 3570 Beach St, Nice, CA, 95464 earns $515/mo cash flow from $1,703/mo rent with a $857/mo payment. Total monthly income totals $1,703/mo, and annual cash flow totals $6,179/yr on $58,013 capital. ROI tracks 30.56% on current figures, and rental yield reads 11.68% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 160.74% and total cumulative return in cash sums $93,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,703/mo property income instead of your personal income.
Manufactured
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95464, Nice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 747 (53.5%) |
| Renter Occupied HU | 380 (27.2%) |
| Vacant Housing Units | 268 (19.2%) |
| Median Home Value | $156,157 |
| Average Home Value | $228,337 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
40
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Listed by: Lisa L Mack • Kobetz Realty, Inc
Mls Name: BAREIS
Mls Provider:
Mls ID: #324086427
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.