451 Grand Ave W #212Grover BeachCA93433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 451 Grand Ave W #212, Grover Beach, CA, 93433 listed at $435,000 pairs $2,880/mo rent with a $2,129/mo payment to leave $189/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $2,269/yr on $144,203 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 7.94% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 111.3% and total cumulative return in cash totals $160,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2026
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy A Di Rado • Coastal Community Builders
Mls Name: North Santa Barbara County MLS
Mls ID: #25001995