410 Island St, Morro Bay, CA, 93442 | 5.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,627/mo, and a $4,821/mo payment. Purchase price stands at $985,000, and rental yield measures 5.64% with $4,627/mo rent. Return on cash invested shows 14.63% in year one, and 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 74.5% and total cumulative return in cash records $241,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,627/mo property income covering a $4,821/mo payment rather than investor’s personal income.

Single Family

Built in 2001

3,270 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93442, Morro Bay, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,023 (100%)
Owner Occupied HU	3,052 (43.5%)
Renter Occupied HU	2,245 (32.0%)
Vacant Housing Units	1,726 (24.6%)
Median Home Value	$900,602
Average Home Value	$989,842