Condominium: Residence 20 Plan, TrinityGrover BeachCA93433
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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
Rental property for sale in Grover Beach at Condominium: Residence 20 Plan, Trinity, Grover Beach, CA, 93433 priced at $1,100,000 converts $4,938/mo rent into after a $5,384/mo obligation. Total monthly income equals $4,938/mo. Return on cash invested prints 14.08% in year one, and rental yield reads 5.39% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 71.51% and total cumulative return in cash sums $254,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,938/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93433, Grover Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,838 (100%) |
| Owner Occupied HU | 2,653 (45.4%) |
| Renter Occupied HU | 2,454 (42.0%) |
| Vacant Housing Units | 731 (12.5%) |
| Median Home Value | $777,065 |
| Average Home Value | $848,537 |
Housing Distribution
Address Breakdown
Residential
5,661
Single Family
5,290
Multi-Family
371
Businesses
625
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Listed by: N/A • Coastal Community Builders
Mls Name: Coastal Community Builders
Mls ID: #N/A