1051 Bailard Ave APT 2CarpinteriaCA93013
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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 Carpinteria at 1051 Bailard Ave APT 2, Carpinteria, CA, 93013 with 5% annual appreciation on a $649,950 basis while $3,994/mo rent supports operations. 91% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,569 alongside rental yield of 7.37%. Five-year ROI measures 102.82% and total cumulative return in cash totals $219,862. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,994/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1972
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93013, Carpinteria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 3,484 (48.7%) |
| Renter Occupied HU | 2,583 (36.1%) |
| Vacant Housing Units | 1,085 (15.2%) |
| Median Home Value | $1,100,254 |
| Average Home Value | $1,206,747 |
Housing Distribution
Address Breakdown
Residential
6,716
Single Family
6,120
Multi-Family
596
Businesses
563
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Listed by: Robert M Bierman • Skyline Property Management
Mls Name: SBMLS
Mls ID: #25-4425