425 Bakeman LnArroyo 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
Rental property for sale in Arroyo Grande at 425 Bakeman Ln, Arroyo Grande, CA, 93420 generates $3,958/mo in rent, after a $4,209/mo payment. Total monthly income is $3,958/mo. Return on cash invested sits at 14.28% in year one, and rental yield is 5.52% on a $859,900 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation builds toward $237,575 over five years. Five-year ROI reaches 72.65% and total cumulative return in cash sums $205,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,958/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3,049 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: Cristina Nunez • CHAMPION Real Estate
Mls Name: North Santa Barbara County MLS
Mls ID: #24002021