618 Forest Ave, Pacific Grove, CA, 93950 | ROI: 7.5%

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pacific Grove at 618 Forest Ave, Pacific Grove, CA, 93950 projects strong ROI of 7.5%. Rental yield 3.25%. With 5% annual appreciation, the property builds $685,178 in value over five years. Equity growth combined delivers a projected five-year ROI of 36.2%, translating into $290,844 in total cumulative return on $803,520 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in 1972

5,200 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93950, Pacific Grove, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,117 (100%)
Owner Occupied HU	3,252 (40.1%)
Renter Occupied HU	3,449 (42.5%)
Vacant Housing Units	1,416 (17.4%)
Median Home Value	$1,218,586
Average Home Value	$1,311,521