589 Victorian CtArroyo GrandeCA93420
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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 Arroyo Grande at 589 Victorian Ct, Arroyo Grande, CA, 93420 with 5% annual appreciation on a $775,000 basis while $5,485/mo rent supports operations. Total monthly income totals $5,485/mo and a $3,793/mo payment preserves $691/mo for cash returns. Annual cash flow comes to $8,291/yr on $254,975 deployed, and return on cash invested reaches 23.31% in year one. Equity gained on principal adds $5,001/yr, and five-year appreciation sums $214,118 alongside rental yield of 8.49%. Five-year ROI measures 121.05% and total cumulative return in cash totals $308,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,485/mo property income versus a $3,793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93420, Arroyo Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,496 (100%) |
| Owner Occupied HU | 8,722 (64.6%) |
| Renter Occupied HU | 3,549 (26.3%) |
| Vacant Housing Units | 1,225 ( 9.1%) |
| Median Home Value | $935,530 |
| Average Home Value | $1,044,501 |
Housing Distribution
Address Breakdown
Residential
12,574
Single Family
12,128
Multi-Family
446
Businesses
847
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Listed by: Shannon Bowdey • Keller Williams Realty-Central
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001743
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