700 Elm AveSeasideCA93955
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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
Rental property for sale in Seaside at 700 Elm Ave, Seaside, CA, 93955 offers $2,974/mo rent that, after a $3,764/mo payment. Total monthly income is $2,974/mo. Return on cash invested measures 11.6% in year one, and rental yield stands at 4.64% at a $769,000 entry. Equity gained on principal adds $4,962/yr while 5% annual appreciation compounds into $212,461 by year five. Five-year ROI records 58.26% and total cumulative return in cash reaches $147,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,974/mo property income versus a $3,764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
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Listed by: Arleen Hardenstein • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82027605