459 Oceana DriveDillon BeachCA94929
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Dillon Beach at 459 Oceana Drive, Dillon Beach, CA, 94929 projects strong ROI of 16.69%. Rental yield 5.74%. With 5% annual appreciation, the property builds $614,726 in value over five years. Equity growth combined delivers a projected five-year ROI of 102.25%, translating into $642,696 in total cumulative return on $628,563 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(3,123) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $10,641 |
| Total Monthly Debt Service | $12,879 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94929, Dillon Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 406 (100%) |
| Owner Occupied HU | 74 (18.2%) |
| Renter Occupied HU | 38 ( 9.4%) |
| Vacant Housing Units | 294 (72.4%) |
| Median Home Value | $1,361,111 |
| Average Home Value | $1,359,628 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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
Single Family
Built in 1996
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94929, Dillon Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 406 (100%) |
| Owner Occupied HU | 74 (18.2%) |
| Renter Occupied HU | 38 ( 9.4%) |
| Vacant Housing Units | 294 (72.4%) |
| Median Home Value | $1,361,111 |
| Average Home Value | $1,359,628 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Lesher • Compass
Mls Name: BAREIS
Mls ID: #325094516