5580 Traffic Way APT 11AtascaderoCA93422
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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 Atascadero at 5580 Traffic Way APT 11, Atascadero, CA, 93422 uses $119,009 cash to close to unlock $2,283/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $2,411/mo, and a $1,757/mo payment keeps the spread at $190/mo. Purchase price stands at $359,000, and rental yield measures 8.06% with $2,411/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 113.15% and total cumulative return in cash records $134,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,411/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Condo
Built in 1979
800 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: Beatriz Espinoza • GUIDE Real Estate
Mls Name: CRMLS
Mls ID: #NS25221630