1190 Garden LnMontecitoCA93108
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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 Montecito at 1190 Garden Ln, Montecito, CA, 93108 projects strong ROI of 8.3%. Rental yield 3.51%. With 5% annual appreciation, the property builds $3,453,520 in value over five years. Equity growth combined delivers a projected five-year ROI of 40.5%, translating into $1,640,186 in total cumulative return on $4,050,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1954
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93108, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,442 (100%) |
| Owner Occupied HU | 2,885 (53.0%) |
| Renter Occupied HU | 1,313 (24.1%) |
| Vacant Housing Units | 1,244 (22.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,968,243 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,566
Multi-Family
311
Businesses
332
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Listed by: Riskin Partners Estate Group • Village Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-607
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