408 Beach AveHalf Moon BayCA94019
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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 Half Moon Bay at 408 Beach Ave, Half Moon Bay, CA, 94019 listed at $1,799,000 pairs $6,785/mo rent with a $8,805/mo payment. Total monthly income runs $6,785/mo. Return on cash invested measures 11.43% in year one, and rental yield registers 4.53% at a $1,799,000 basis. Equity gained on principal adds $11,609/yr, and annual property appreciation at 5% supports $497,031 by year five. Five-year ROI tracks 57.26% and total cumulative return in cash totals $333,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,785/mo property income relative to a $8,805/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94019, Half Moon Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,985 (100%) |
| Owner Occupied HU | 3,832 (64.0%) |
| Renter Occupied HU | 1,781 (29.8%) |
| Vacant Housing Units | 372 ( 6.2%) |
| Median Home Value | $1,679,472 |
| Average Home Value | $1,564,963 |
Housing Distribution
Address Breakdown
Residential
5,832
Single Family
5,168
Multi-Family
664
Businesses
738
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Listed by: Joakim Bye • Ocean Element Real Estate
Mls Name: MLSListings Inc
Mls ID: #ML82025408