6470 Spotted Wood LnAvila BeachCA93424
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
Rental property for sale in Avila Beach at 6470 Spotted Wood Ln, Avila Beach, CA, 93424 generates $5,738/mo in rent, after a $8,443/mo payment. Total monthly income is $5,738/mo. Return on cash invested sits at 9.78% in year one, and rental yield is 3.99% on a $1,725,000 entry. Equity gained on principal adds $11,131/yr, while 5% annual appreciation builds toward $476,586 over five years. Five-year ROI reaches 48.41% and total cumulative return in cash sums $270,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,738/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93424, Avila Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 934 (100%) |
| Owner Occupied HU | 466 (49.9%) |
| Renter Occupied HU | 205 (21.9%) |
| Vacant Housing Units | 263 (28.2%) |
| Median Home Value | $1,428,571 |
| Average Home Value | $1,463,637 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
109
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Nearby investment properties with comparable prices
Listed by: Monica King • BHGRE HAVEN PROPERTIES
Mls Name: CRMLS
Mls ID: #SC25196346