604 S 8th StGrover BeachCA93433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grover Beach at 604 S 8th St, Grover Beach, CA, 93433 listed at $599,000 pairs $3,222/mo rent with a $2,932/mo payment. Total monthly income runs $3,222/mo. Return on cash invested measures 17.11% in year one, and rental yield registers 6.45% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 87.83% and total cumulative return in cash totals $173,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,222/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
3,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abel Contreras • Invest SLO
Mls Name: CRMLS
Mls ID: #PI25215822