805 Madonna Rd #101San Luis ObispoCA93405
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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 $3,678/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 6.41% with $3,678/mo rent. Return on cash invested shows 16.97% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 87.06% and total cumulative return in cash records $197,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,678/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93405, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,037 (100%) |
| Owner Occupied HU | 3,743 (37.3%) |
| Renter Occupied HU | 5,313 (52.9%) |
| Vacant Housing Units | 981 ( 9.8%) |
| Median Home Value | $896,231 |
| Average Home Value | $995,867 |
Housing Distribution
Address Breakdown
Residential
9,389
Single Family
7,914
Multi-Family
1,475
Businesses
444
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Listed by: Carla Ramer • CHAMPION Real Estate
Mls Name: CRMLS
Mls ID: #PI25182212