614 Harrison StArroyo 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 614 Harrison St, Arroyo Grande, CA, 93420 offers a 5.2% rental yield on a $899,000 purchase with $3,892/mo rent. 29% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 67.29% and total cumulative return in cash at $199,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,892/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
5,355 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: Paul Swack • Keller Williams Realty Santa Barbara
Mls Name: CRMLS
Mls ID: #PI25269117