120 Montecito Ranch LnSummerlandCA93067
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Summerland at 120 Montecito Ranch Ln, Summerland, CA, 93067 projects strong ROI of -3.38%. Rental yield 0.07%. With 5% annual appreciation, the property builds $19,222,290 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.1% | 5.0% |
| Monthly Cash Flow | $(426,285) | $2,500 |
City averages based on Summerland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,117 |
| Total Monthly Debt Service | $402,721 |
| DSCR Ratio | 0.01x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2005
19.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93067, Summerland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 201 (39.5%) |
| Renter Occupied HU | 195 (38.3%) |
| Vacant Housing Units | 113 (22.2%) |
| Median Home Value | $1,995,283 |
| Average Home Value | $1,855,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
94
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
Single Family
Built in 2005
19.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93067, Summerland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 201 (39.5%) |
| Renter Occupied HU | 195 (38.3%) |
| Vacant Housing Units | 113 (22.2%) |
| Median Home Value | $1,995,283 |
| Average Home Value | $1,855,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Altman • Douglas Elliman of California, Inc.
Mls Name: CLAW
Mls ID: #25624099