905 Madonna Rd UNIT 14San 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 UNIT 14, San Luis Obispo, CA, 93405 earns from $3,231/mo rent with a $3,862/mo payment. Total monthly income totals $3,231/mo. ROI tracks 12.43% on current figures, and rental yield reads 4.91% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 62.7% and total cumulative return in cash sums $162,766. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,231/mo property income instead of your personal income.
Condo
Built in 2024
1,371 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: Bryn Britton • Richardson Sotheby's International Realty
Mls Name: CRMLS
Mls ID: #SC25265556