991 Canyon LnPismo BeachCA93449
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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 Pismo Beach at 991 Canyon Ln, Pismo Beach, CA, 93449 uses $71,175 cash to close to unlock $28,259/yr annual cash flow and $2,355/mo monthly cash flow. Total monthly income runs $3,757/mo, and a $1,051/mo payment keeps the spread at $2,355/mo. Purchase price stands at $214,705, and rental yield measures 21% with $3,757/mo rent. Return on cash invested shows 59.61% in year one, and 5% annual appreciation builds toward $59,319 over five years. Five-year ROI reaches 316.18% and total cumulative return in cash records $225,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,757/mo property income covering a $1,051/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93449, Pismo Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,000 (100%) |
| Owner Occupied HU | 2,599 (43.3%) |
| Renter Occupied HU | 1,538 (25.6%) |
| Vacant Housing Units | 1,863 (31.0%) |
| Median Home Value | $1,084,426 |
| Average Home Value | $1,154,195 |
Housing Distribution
Address Breakdown
Residential
5,142
Single Family
4,889
Multi-Family
253
Businesses
605
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Listed by: N/A • N/A
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