5308 Honda AveAtascaderoCA93422
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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 Atascadero at 5308 Honda Ave, Atascadero, CA, 93422 generates $3,146/mo in rent, after a $3,181/mo payment. Total monthly income is $3,146/mo. Return on cash invested sits at 15.15% in year one, and rental yield is 5.81% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 77.3% and total cumulative return in cash sums $165,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,146/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93422, Atascadero, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,692 (100%) |
| Owner Occupied HU | 8,593 (62.8%) |
| Renter Occupied HU | 4,296 (31.4%) |
| Vacant Housing Units | 803 ( 5.9%) |
| Median Home Value | $738,208 |
| Average Home Value | $808,875 |
Housing Distribution
Address Breakdown
Residential
12,734
Single Family
12,182
Multi-Family
552
Businesses
949
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Listed by: Jesse Ramos Roman • Dream Home Realty
Mls Name: Bakersfield AOR
Mls ID: #202513243