1210 E Walnut Ave UNIT DLompocCA93436
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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 Lompoc at 1210 E Walnut Ave UNIT D, Lompoc, CA, 93436 offers a 9.3% rental yield on a $335,000 purchase with $2,597/mo rent. Total monthly income registers $2,597/mo, and a $1,640/mo payment leaves $524/mo available for distribution. Annual cash flow reaches $6,291/yr on $111,053 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 133.24% and total cumulative return in cash at $147,968. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,597/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
435.60 sqft lot
$N/A/sqft
No 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
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Listed by: Maressa Martinez • Empire Real Estate Group
Mls Name: North Santa Barbara County MLS
Mls ID: #25001962