835 Kimball Ave SPACE 44SeasideCA93955
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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
Rental property for sale in Seaside at 835 Kimball Ave SPACE 44, Seaside, CA, 93955 priced at $174,900 pairs $2,659/mo rent with $1,577/mo cash flow after a $856/mo payment. Total monthly income equals $2,659/mo, and annual cash flow comes to $18,925/yr on $57,979 invested. Return on cash invested is 52.55% in year one, and rental yield stands at 18.24% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 277.94% and total cumulative return in cash reaches $161,148. For financing, Ziffy Mortgage’s DSCR program evaluates $2,659/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93955, Seaside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,968 (100%) |
| Owner Occupied HU | 4,177 (38.1%) |
| Renter Occupied HU | 6,035 (55.0%) |
| Vacant Housing Units | 756 ( 6.9%) |
| Median Home Value | $738,649 |
| Average Home Value | $837,263 |
Housing Distribution
Address Breakdown
Residential
10,978
Single Family
9,937
Multi-Family
1,041
Businesses
1,061
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Listed by: Monterey Peninsula Home Team • KW Coastal Estates
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963944
Disclaimer: Based on information from the MLSListings MLS as of 2024-10-15 23:31:48 PDT. 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.