402 W Grand Ave #302Grover BeachCA93433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 402 W Grand Ave #302, Grover Beach, CA, 93433 earns from $2,940/mo rent with a $2,619/mo payment. Total monthly income totals $2,940/mo. ROI tracks 17.54% on current figures, and rental yield reads 6.59% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 90.08% and total cumulative return in cash sums $158,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,940/mo property income instead of your personal income.
Condo
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eileen Dickey • Coastal Community Builders
Mls Name: CRMLS
Mls ID: #PI25233156