7116-7124 Sombrilla AveAtascaderoCA93422
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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
Investment property for sale in Atascadero at 7116-7124 Sombrilla Ave, Atascadero, CA, 93422 earns from $2,546/mo rent with a $8,688/mo payment. Total monthly income totals $2,546/mo. ROI tracks 2.77% on current figures, and rental yield reads 1.72% at a $1,775,000 purchase. Equity gained on principal adds $11,454/yr, and 5% annual appreciation supports $490,400 over five years. Five-year ROI reaches 10.84% and total cumulative return in cash sums $62,314. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,546/mo property income instead of your personal income.
Multi Family
Built in 1975
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93422, Atascadero, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,692 (100%) |
| Owner Occupied HU | 8,593 (62.8%) |
| Renter Occupied HU | 4,296 (31.4%) |
| Vacant Housing Units | 803 ( 5.9%) |
| Median Home Value | $738,208 |
| Average Home Value | $808,875 |
Housing Distribution
Address Breakdown
Residential
12,734
Single Family
12,182
Multi-Family
552
Businesses
949
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Listed by: Wendy Streshenkoff • RE/MAX Parkside Real Estate
Mls Name: CRMLS
Mls ID: #NS25175091