6490 Twinberry CirAvila BeachCA93424
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6490 Twinberry Cir, Avila Beach, CA, 93424 in Avila Beach. Rental yield 5.55%. At $1,149,000 with 5.55% gross yield, current distributions are modest, but the 5% appreciation rate projects $317,448 in new equity by year five, complemented by $10,582/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.03) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $320,194.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.0% |
| Monthly Cash Flow | $(1,794) | $1,500 |
City averages based on Avila Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,314 |
| Total Monthly Debt Service | $6,651 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
1,548 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
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
Condo
Built in 1989
1,548 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Troy Gray • Jeanne Pleasant - Broker
Mls Name: CRMLS
Mls ID: #SC25156988