48 16th StCayucosCA93430
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 48 16th St, Cayucos, CA, 93430 in Cayucos the bet is firmly on appreciation. Rental yield 2.66%. The 2.66% gross yield on a $1,760,000 price is below income-first thresholds, but 5%/yr value growth projects $486,256 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.50) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $208,386.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 5.5% |
| Monthly Cash Flow | $(7,343) | $1,500 |
City averages based on Cayucos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,984 |
| Total Monthly Debt Service | $10,432 |
| DSCR Ratio | 0.38x |
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 1998
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
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 1998
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph M. Skracic • Benchmark Real Estate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202507355
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.