1275 Calle CerritoSanta BarbaraCA93101
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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 1275 Calle Cerrito, Santa Barbara, CA, 93101 offers a 4.04% rental yield on a $1,699,000 purchase with $5,725/mo rent. 94% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 49.27% and total cumulative return in cash at $271,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,725/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93101, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,495 (100%) |
| Owner Occupied HU | 2,994 (22.2%) |
| Renter Occupied HU | 9,578 (71.0%) |
| Vacant Housing Units | 923 ( 6.8%) |
| Median Home Value | $1,281,588 |
| Average Home Value | $1,361,541 |
Housing Distribution
Address Breakdown
Residential
12,853
Single Family
8,173
Multi-Family
4,680
Businesses
2,998
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Listed by: Emily Kellenberger & Associates • Village Properties
Mls Name: SBMLS
Mls ID: #26-13