9540 Avonne Ave SPACE 14San SimeonCA93452
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
Investment Highlights
Rental property for sale in San Simeon at 9540 Avonne Ave SPACE 14, San Simeon, CA, 93452 generates $1,560/mo in rent and, after a $974/mo payment, leaves $329/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $3,947/yr on $65,969 invested. Return on cash invested sits at 25.89% in year one, and rental yield is 9.41% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 134.93% and total cumulative return in cash sums $89,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93452, San Simeon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 112 (30.4%) |
| Renter Occupied HU | 121 (32.9%) |
| Vacant Housing Units | 135 (36.7%) |
| Median Home Value | $1,329,787 |
| Average Home Value | $1,482,924 |
Housing Distribution
Address Breakdown
Residential
200
Single Family
200
Multi-Family
0
Businesses
46
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Nearby investment properties with comparable prices
Listed by: Austin Haller • Cornerstone Homes Real Estate
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25001740
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