619 Faeh AvenueArroyo GrandeCA93420
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 Arroyo Grande at 619 Faeh Avenue, Arroyo Grande, CA, 93420 earns $1,092/mo cash flow from $5,860/mo rent with a $3,742/mo payment. Total monthly income totals $5,860/mo, and annual cash flow totals $13,107/yr on $251,521 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.2% at a $764,500 purchase. Equity gained on principal adds $4,933/yr, and 5% annual appreciation supports $211,217 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash sums $331,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,860/mo property income instead of your personal income.
Single Family
Built in 1960
6,098 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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Nearby investment properties with comparable prices
Listed by: Bridget Roberts • Realty Concepts, Ltd
Mls Name: TCMLS
Mls Provider:
Mls ID: #224739
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2024-08-14 22:20:52 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.