Amazing investment opportunity just one hour from Santa Maria. This updated home sits on a large 10,000+ sq ft lot, offering plenty of room for an ADU and even a JADU. Long-term rent supports approx. $2,000/month, and with space to add an RV hookup, investors could conservatively generate another $100/night for 15 nights through AirBnB, bringing total income potential to about $3,500/month. With 20% down and 6% financing, the payment is roughly $1,100/month, leaving about $2,400/month in positive cash flow. That's nearly $29,000 annually and a projected 65% cash-on-cash return. Some see a small town; savvy investors see expansion potential, strong numbers, and rare affordability, all within an hour of California's Central Coast beach communities. Seller financing possible!
Active
Price cut: $1K (9/29)
$239,000
4856 Morales St, New Cuyama, CA 93254
2beds
1baths
832sqft
Est.:
Single Family Residence
Built in 1952
10,018.8 Square Feet Lot
$238,100 Zestimate®
$287/sqft
$-- HOA
What's special
Room for an adu
- 162 days |
- 341 |
- 10 |
Likely to sell faster than
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