1389 Santa Monica RdCarpinteriaCA93013
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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 Carpinteria at 1389 Santa Monica Rd, Carpinteria, CA, 93013 at $1,945,000 posts ROI 13.85% with from $8,767/mo rent. Total monthly income equals $8,767/mo. Return on cash invested measures 13.85% and rental yield reads 5.41% at the current $1,945,000. Equity gained on principal adds $12,551/yr, and 5% annual appreciation supports $537,368 by year five. Five-year ROI prints 70.34% and total cumulative return in cash totals $443,275. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,767/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93013, Carpinteria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 3,484 (48.7%) |
| Renter Occupied HU | 2,583 (36.1%) |
| Vacant Housing Units | 1,085 (15.2%) |
| Median Home Value | $1,100,254 |
| Average Home Value | $1,206,747 |
Housing Distribution
Address Breakdown
Residential
6,716
Single Family
6,120
Multi-Family
596
Businesses
563
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Listed by: Sarah A Smith • Compass
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-43
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