899 Chata StNipomoCA93444
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 899 Chata St, Nipomo, CA, 93444 in Nipomo. At $729,500 it earns $5,587/mo in rent and distributes $1,074/mo to the owner after the $3,280/mo payment, a consistent 9.19% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $201,547 in value; $6,719/yr in principal paydown compounds ownership stake. Total projected return: $345,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $1,074 | $1,500 |
City averages based on Nipomo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,587 |
| Total Monthly Debt Service | $4,223 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
6,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93444, Nipomo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,910 (100%) |
| Owner Occupied HU | 6,140 (68.9%) |
| Renter Occupied HU | 2,112 (23.7%) |
| Vacant Housing Units | 658 ( 7.4%) |
| Median Home Value | $841,968 |
| Average Home Value | $945,447 |
Housing Distribution
Address Breakdown
Residential
8,126
Single Family
6,821
Multi-Family
1,305
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
6,086 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93444, Nipomo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,910 (100%) |
| Owner Occupied HU | 6,140 (68.9%) |
| Renter Occupied HU | 2,112 (23.7%) |
| Vacant Housing Units | 658 ( 7.4%) |
| Median Home Value | $841,968 |
| Average Home Value | $945,447 |
Housing Distribution
Address Breakdown
Residential
8,126
Single Family
6,821
Multi-Family
1,305
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices