676 N 12th St APT 3Grover BeachCA93433
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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 $3,503/mo, and a $2,677/mo payment. Purchase price stands at $547,000, and rental yield measures 7.68% with $3,503/mo rent. Return on cash invested shows 17.69% in year one, and 5% annual appreciation builds toward $151,126 over five years. Five-year ROI reaches 92.07% and total cumulative return in cash records $165,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,503/mo property income covering a $2,677/mo payment rather than investor’s personal income.
Condo
Built in 1979
895 sqft lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: Kyra Dykes • eXp Realty of California, Inc.
Mls Name: CRMLS
Mls Provider:
Mls ID: #PI25127093
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