866 Brighton AveGrover BeachCA93433
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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 Grover Beach at 866 Brighton Ave, Grover Beach, CA, 93433 priced at $899,000 converts $4,908/mo rent into after a $4,400/mo obligation. Total monthly income equals $4,908/mo. Return on cash invested prints 17.41% in year one, and rental yield reads 6.55% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 89.4% and total cumulative return in cash sums $264,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,908/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1977
5,212 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: Danielle Nunes • LPT Realty, Inc.
Mls Name: CRMLS
Mls ID: #PI25126438