422 E Grand Avenue & #1/2Arroyo GrandeCA93420
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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
Total monthly income runs $2,760/mo, and a $3,940/mo payment. Purchase price stands at $805,000, and rental yield measures 4.11% with $2,760/mo rent. Return on cash invested shows 10% in year one, and 5% annual appreciation builds toward $222,407 over five years. Five-year ROI reaches 49.69% and total cumulative return in cash records $131,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $3,940/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93420, Arroyo Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,496 (100%) |
| Owner Occupied HU | 8,722 (64.6%) |
| Renter Occupied HU | 3,549 (26.3%) |
| Vacant Housing Units | 1,225 ( 9.1%) |
| Median Home Value | $935,530 |
| Average Home Value | $1,044,501 |
Housing Distribution
Address Breakdown
Residential
12,574
Single Family
12,128
Multi-Family
446
Businesses
847
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Listed by: Michael Puhek • Re/Max Success
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25001004
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