402 W Grand Ave #409Grover BeachCA93433
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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 Grover Beach at 402 W Grand Ave #409, Grover Beach, CA, 93433 listed at $849,630 pairs $2,806/mo rent with a $4,159/mo payment. Total monthly income runs $2,806/mo. Return on cash invested measures 7.65% in year one, and rental yield registers 3.96% at a $849,630 basis. Equity gained on principal adds $5,483/yr, and annual property appreciation at 5% supports $234,737 by year five. Five-year ROI tracks 37.76% and total cumulative return in cash totals $105,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $4,159/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
871.20 sqft lot
$N/A/sqft
$440 monthly 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
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Listed by: Marci Deming • Coastal Community Builders
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25000783
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