1109 Devonshire PlSanta MariaCA93455
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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 Santa Maria at 1109 Devonshire Pl, Santa Maria, CA, 93455 offers a 8.24% rental yield on a $465,000 purchase with $3,192/mo rent. Total monthly income registers $3,192/mo, and a $2,276/mo payment leaves $315/mo available for distribution. Annual cash flow reaches $3,784/yr on $154,148 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 116.02% and total cumulative return in cash at $178,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,192/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93455, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,975 (100%) |
| Owner Occupied HU | 12,004 (70.7%) |
| Renter Occupied HU | 4,212 (24.8%) |
| Vacant Housing Units | 759 ( 4.5%) |
| Median Home Value | $616,358 |
| Average Home Value | $693,383 |
Housing Distribution
Address Breakdown
Residential
16,413
Single Family
15,944
Multi-Family
469
Businesses
1,049
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Listed by: Phillip L Segura • Coldwell Banker Select Realty
Mls Name: North Santa Barbara County MLS
Mls ID: #26000016