1105 W Cypress Ave APT GLompocCA93436
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1105 W Cypress Ave APT G, Lompoc, CA, 93436 in Lompoc at $269,000 earns $2,059/mo in rent and nets $61/mo after the $1,210/mo payment, a 9.19% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $74,320 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $2,478/yr in principal paydown, total projected return reaches $107,377.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $61 | $400 |
City averages based on Lompoc market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,059 |
| Total Monthly Debt Service | $1,891 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93436, Lompoc, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,538 (100%) |
| Owner Occupied HU | 10,053 (51.5%) |
| Renter Occupied HU | 8,540 (43.7%) |
| Vacant Housing Units | 945 ( 4.8%) |
| Median Home Value | $513,530 |
| Average Home Value | $612,471 |
Housing Distribution
Address Breakdown
Residential
18,820
Single Family
17,507
Multi-Family
1,313
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93436, Lompoc, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,538 (100%) |
| Owner Occupied HU | 10,053 (51.5%) |
| Renter Occupied HU | 8,540 (43.7%) |
| Vacant Housing Units | 945 ( 4.8%) |
| Median Home Value | $513,530 |
| Average Home Value | $612,471 |
Housing Distribution
Address Breakdown
Residential
18,820
Single Family
17,507
Multi-Family
1,313
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas D. Hinkens • Hinkens Group Properties
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25000780
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