905 Madonna Rd #69San Luis ObispoCA93405
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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 905 Madonna Rd #69, San Luis Obispo, CA, 93405 offers a 7.41% rental yield on a $835,000 purchase with $5,156/mo rent. 02% in year one. Equity gained on principal adds $5,388/yr while 5% annual appreciation supports $230,695 over five years. Portfolio math shows five-year ROI at 103.4% and total cumulative return in cash at $284,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,156/mo property income against a $4,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
1,535 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93405, San Luis Obispo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,037 (100%) |
| Owner Occupied HU | 3,743 (37.3%) |
| Renter Occupied HU | 5,313 (52.9%) |
| Vacant Housing Units | 981 ( 9.8%) |
| Median Home Value | $896,231 |
| Average Home Value | $995,867 |
Housing Distribution
Address Breakdown
Residential
9,389
Single Family
7,914
Multi-Family
1,475
Businesses
444
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Listed by: Susie Brans • Richardson Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #SC25263134