827 Basil LnSan Luis ObispoCA93401
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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 San Luis Obispo at 827 Basil Ln, San Luis Obispo, CA, 93401 with 5% annual appreciation on a $725,000 basis while $3,111/mo rent supports operations. 15% in year one. Equity gained on principal adds $4,678/yr, and five-year appreciation sums $200,304 alongside rental yield of 5.15%. Five-year ROI measures 66.54% and total cumulative return in cash totals $158,717. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,111/mo property income versus a $3,549/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2016
1,732 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93401, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,857 (100%) |
| Owner Occupied HU | 7,207 (45.4%) |
| Renter Occupied HU | 7,054 (44.5%) |
| Vacant Housing Units | 1,596 (10.1%) |
| Median Home Value | $999,714 |
| Average Home Value | $1,133,947 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
13,129
Multi-Family
1,666
Businesses
2,818
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Listed by: Dawna Davies • Davies Co. Real Estate
Mls Name: CRMLS
Mls ID: #SC25157993