3960 S Higuera St SPACE 14San Luis ObispoCA93401
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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 San Luis Obispo at 3960 S Higuera St SPACE 14, San Luis Obispo, CA, 93401 listed at $385,000 pairs $2,589/mo rent with a $1,884/mo payment to leave $208/mo cash flow. Total monthly income runs $2,589/mo, and annual cash flow reaches $2,492/yr on $127,628 cash to close. Return on cash invested measures 21.86% in year one, and rental yield registers 8.07% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 113.31% and total cumulative return in cash totals $144,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,589/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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Listed by: Eva Raleigh • Eva Raleigh, Broker
Mls Name: CRMLS
Mls ID: #OC25201184