77 N Ocean Avenue UNIT 12CayucosCA93430
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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 Cayucos at 77 N Ocean Avenue UNIT 12, Cayucos, CA, 93430 with 5% annual appreciation on a $1,250,000 basis while $3,377/mo rent supports operations. 59% in year one. Equity gained on principal adds $8,066/yr, and five-year appreciation sums $345,352 alongside rental yield of 3.24%. Five-year ROI measures 26.66% and total cumulative return in cash totals $107,977. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,377/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
0.02 sqft lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93430, Cayucos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 850 (33.1%) |
| Renter Occupied HU | 503 (19.6%) |
| Vacant Housing Units | 1,215 (47.3%) |
| Median Home Value | $1,186,916 |
| Average Home Value | $1,277,815 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,732
Multi-Family
70
Businesses
167
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Listed by: Blake J Shawn • Real Brokerage Technologies
Mls Name: TCMLS
Mls Provider:
Mls ID: #233812
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-02-26 12:33:13 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.