1217 N Salsipuedes St #BSanta 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 1217 N Salsipuedes St #B, Santa Barbara, CA, 93103 projects strong ROI of 10.5%. Rental yield 4.22%. With 5% annual appreciation, the property builds $648,985 in value over five years. Equity growth combined delivers a projected five-year ROI of 52.27%, translating into $397,795 in total cumulative return on $761,076 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.
Condo
Built in 1981
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
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Listed by: Bryan R Uhrig • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls ID: #26-285