557 Lucerne StCayucosCA93430
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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
Investment property for sale in Cayucos at 557 Lucerne St, Cayucos, CA, 93430 earns from $3,594/mo rent with a $6,064/mo payment. Total monthly income totals $3,594/mo. ROI tracks 8.2% on current figures, and rental yield reads 3.48% at a $1,239,000 purchase. Equity gained on principal adds $7,995/yr, and 5% annual appreciation supports $342,313 over five years. Five-year ROI reaches 39.96% and total cumulative return in cash sums $160,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.
Condo
Built in 1980
1,616 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
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Listed by: Catherine Stone • Central Coast Real Estate
Mls Name: CRMLS
Mls ID: #SC25118536