643 Mitchell DrSan Luis ObispoCA93401
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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
Total monthly income runs $3,536/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 5.66% with $3,536/mo rent. Return on cash invested shows 14.69% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 74.84% and total cumulative return in cash records $184,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,536/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,135 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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Listed by: Jane Worthy • Beach-N-Bay Getaways Realty
Mls Name: CRMLS
Mls ID: #SC25195897