851 Bayview AvePacific GroveCA93950
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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 Pacific Grove at 851 Bayview Ave, Pacific Grove, CA, 93950 with 5% annual appreciation on a $1,750,000 basis while $4,953/mo rent supports operations. 94% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,493 alongside rental yield of 3.4%. Five-year ROI measures 38.56% and total cumulative return in cash totals $218,649. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,953/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93950, Pacific Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 3,252 (40.1%) |
| Renter Occupied HU | 3,449 (42.5%) |
| Vacant Housing Units | 1,416 (17.4%) |
| Median Home Value | $1,218,586 |
| Average Home Value | $1,311,521 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
6,800
Multi-Family
986
Businesses
1,054
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Listed by: Britton Pfeiffer Team • San Carlos Agency, Inc.
Mls Name: MLSListings Inc
Mls ID: #ML82013040