38 Kona LnDillon BeachCA94929
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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 Dillon Beach at 38 Kona Ln, Dillon Beach, CA, 94929 with 5% annual appreciation on a $459,000 basis while $4,052/mo rent supports operations. Total monthly income totals $4,052/mo and a $2,247/mo payment preserves $1,133/mo for cash returns. Annual cash flow comes to $13,595/yr on $152,159 deployed, and return on cash invested reaches 28.84% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 10.59%. Five-year ROI measures 150.98% and total cumulative return in cash totals $229,727.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,052/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
10,319 sqft lot
$N/A/sqft
$950 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94929, Dillon Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 406 (100%) |
| Owner Occupied HU | 74 (18.2%) |
| Renter Occupied HU | 38 ( 9.4%) |
| Vacant Housing Units | 294 (72.4%) |
| Median Home Value | $1,361,111 |
| Average Home Value | $1,359,628 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Randy Knight • Century 21 Epic
Mls Name: BAREIS
Mls Provider:
Mls ID: #324049662
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.