765 Mesa View Dr SPC 138Arroyo GrandeCA93420
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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 Arroyo Grande at 765 Mesa View Dr SPC 138, Arroyo Grande, CA, 93420 listed at $153,000 pairs $1,173/mo rent with a $749/mo payment to leave $226/mo cash flow. Total monthly income runs $1,173/mo, and annual cash flow reaches $2,716/yr on $50,720 cash to close. Return on cash invested measures 25.26% in year one, and rental yield registers 9.2% at a $153,000 basis. Equity gained on principal adds $987/yr, and annual property appreciation at 5% supports $42,271 by year five. Five-year ROI tracks 131.64% and total cumulative return in cash totals $66,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,173/mo property income relative to a $749/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93420, Arroyo Grande, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,496 (100%) |
| Owner Occupied HU | 8,722 (64.6%) |
| Renter Occupied HU | 3,549 (26.3%) |
| Vacant Housing Units | 1,225 ( 9.1%) |
| Median Home Value | $935,530 |
| Average Home Value | $1,044,501 |
Housing Distribution
Address Breakdown
Residential
12,574
Single Family
12,128
Multi-Family
446
Businesses
847
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Listed by: Bill Maddox • Farrell Smyth Real Estate
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001846
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