1335 N Miller StSanta MariaCA93454
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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
Rental property for sale in Santa Maria at 1335 N Miller St, Santa Maria, CA, 93454 generates $3,690/mo in rent and, after a $2,814/mo payment, leaves $133/mo in cash flow. Total monthly income is $3,690/mo, and annual cash flow is $1,601/yr on $189,142 invested. Return on cash invested sits at 20.91% in year one, and rental yield is 7.7% on a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash sums $204,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,690/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93454, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 6,183 (47.4%) |
| Renter Occupied HU | 6,137 (47.0%) |
| Vacant Housing Units | 730 ( 5.6%) |
| Median Home Value | $554,748 |
| Average Home Value | $617,127 |
Housing Distribution
Address Breakdown
Residential
12,539
Single Family
10,951
Multi-Family
1,588
Businesses
1,615
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Listed by: David L Campa • .Richardson Sotheby's International Realty
Mls Name: North Santa Barbara County MLS
Mls ID: #25001460