1212 Punta Gorda St SPACE 14Santa BarbaraCA93103
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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 Barbara at 1212 Punta Gorda St SPACE 14, Santa Barbara, CA, 93103 offers a 38.22% rental yield on a $150,000 purchase with $4,778/mo rent. Total monthly income registers $4,778/mo, and a $734/mo payment leaves $3,850/mo available for distribution. Annual cash flow reaches $46,203/yr on $49,725 to close, and return on cash invested stands at 112.83% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 601.16% and total cumulative return in cash at $298,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,778/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93103, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,001 (100%) |
| Owner Occupied HU | 3,184 (39.8%) |
| Renter Occupied HU | 4,179 (52.2%) |
| Vacant Housing Units | 638 ( 8.0%) |
| Median Home Value | $1,679,710 |
| Average Home Value | $1,613,244 |
Housing Distribution
Address Breakdown
Residential
7,497
Single Family
6,274
Multi-Family
1,223
Businesses
709
Nearby investment properties with comparable rents
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No similar price properties found nearby.
Listed by: Marcos Lazaro • Village Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-1847
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