384 Callisto LnNipomoCA93444
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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 Nipomo at 384 Callisto Ln, Nipomo, CA, 93444 offers a 8.62% rental yield on a $459,000 purchase with $3,299/mo rent. Total monthly income registers $3,299/mo, and a $2,247/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,509/yr on $152,159 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $186,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,299/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93444, Nipomo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,910 (100%) |
| Owner Occupied HU | 6,140 (68.9%) |
| Renter Occupied HU | 2,112 (23.7%) |
| Vacant Housing Units | 658 ( 7.4%) |
| Median Home Value | $841,968 |
| Average Home Value | $945,447 |
Housing Distribution
Address Breakdown
Residential
8,126
Single Family
6,821
Multi-Family
1,305
Businesses
484
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Listed by: AMARISSA L. SHAW • LPT REALTY, INC
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25000854
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