1407 Gillespie StSanta 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 1407 Gillespie St, Santa Barbara, CA, 93101 at $1,525,000 posts ROI 14.09% with from $6,848/mo rent. Total monthly income equals $6,848/mo. Return on cash invested measures 14.09% and rental yield reads 5.39% at the current $1,525,000. Equity gained on principal adds $9,841/yr, and 5% annual appreciation supports $421,329 by year five. Five-year ROI prints 71.54% and total cumulative return in cash totals $353,484. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,848/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
3,920 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: Jessie Sessions • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-553
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