375 N 6th StGrover BeachCA93433
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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 Grover Beach at 375 N 6th St, Grover Beach, CA, 93433 listed at $949,900 pairs $2,209/mo rent with a $4,649/mo payment. Total monthly income runs $2,209/mo. Return on cash invested measures 5.98% in year one, and rental yield registers 2.79% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 28.12% and total cumulative return in cash totals $87,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,209/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: Joyce Nielsen • Keller Williams Realty-Tulare County
Mls Name: CRMLS
Mls ID: #PI25156641