5985 Dolores 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 5985 Dolores Ave, Atascadero, CA, 93422 priced at $400,000 converts $2,535/mo rent into $60/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,535/mo, and annual cash flow totals $724/yr on $132,600 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 7.61% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 105.79% and total cumulative return in cash sums $140,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,535/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.40 Acres 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: Joanna Nowinski • Century 21 Masters - San Luis Obispo
Mls Name: CRMLS
Mls ID: #NS25098755