3960 S Higuera St SPC 157San 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 SPC 157, San Luis Obispo, CA, 93401 earns $1,068/mo cash flow from $3,605/mo rent with a $2,007/mo payment. Total monthly income totals $3,605/mo, and annual cash flow totals $12,821/yr on $135,915 capital. ROI tracks 29.34% on current figures, and rental yield reads 10.55% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 153.44% and total cumulative return in cash sums $208,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,605/mo property income instead of your personal income.
Manufactured
Built in 2014
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: Nicole Kale Miller • Modern Broker
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25001752
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