1151 Via MavisSanta MariaCA93455
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
Investment Highlights
Rental property for sale in Santa Maria at 1151 Via Mavis, Santa Maria, CA, 93455 priced at $550,000 pairs $3,600/mo rent with $91/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $1,089/yr on $180,950 invested. Return on cash invested is 20.66% in year one, and rental yield stands at 7.85% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 107.09% and total cumulative return in cash reaches $193,786. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1979
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Taylor • NextHome Preferred Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-1417
Disclaimer: This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.