9540 Avonne Ave SPACE 41San SimeonCA93452
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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 Simeon at 9540 Avonne Ave SPACE 41, San Simeon, CA, 93452 offers a 8.41% rental yield on a $285,000 purchase with $1,997/mo rent. Total monthly income registers $1,997/mo, and a $1,395/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,806/yr on $94,478 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 118.77% and total cumulative return in cash at $112,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,997/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
N/A 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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Listed by: Kellie Williams • Coldwell Banker Kellie & Assoc
Mls Name: CRMLS
Mls ID: #SC25269756