1408 E Olive AveLompocCA93436
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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 Lompoc at 1408 E Olive Ave, Lompoc, CA, 93436 listed at $565,000 pairs $3,863/mo rent with a $2,765/mo payment to leave $368/mo cash flow. Total monthly income runs $3,863/mo, and annual cash flow reaches $4,418/yr on $185,885 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 8.2% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 116.38% and total cumulative return in cash totals $216,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,863/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93436, Lompoc, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,538 (100%) |
| Owner Occupied HU | 10,053 (51.5%) |
| Renter Occupied HU | 8,540 (43.7%) |
| Vacant Housing Units | 945 ( 4.8%) |
| Median Home Value | $513,530 |
| Average Home Value | $612,471 |
Housing Distribution
Address Breakdown
Residential
18,820
Single Family
17,507
Multi-Family
1,313
Businesses
1,120
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Listed by: Debbie McComb • COMPASS
Mls Name: North Santa Barbara County MLS
Mls ID: #25001748