1418 Ribe RdSolvangCA93463
Nearby investment properties with comparable rents
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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 Solvang at 1418 Ribe Rd, Solvang, CA, 93463 projects strong ROI of 4.74%. Rental yield 2.37%. With 5% annual appreciation, the property builds $1,462,911 in value over five years. Equity growth combined delivers a projected five-year ROI of 21.42%, translating into $367,424 in total cumulative return on $1,715,580 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2013
6.27 Acres lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93463, Solvang, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,899 (100%) |
| Owner Occupied HU | 2,236 (57.3%) |
| Renter Occupied HU | 1,329 (34.1%) |
| Vacant Housing Units | 334 ( 8.6%) |
| Median Home Value | $1,375,604 |
| Average Home Value | $1,390,312 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,292
Multi-Family
169
Businesses
466
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Listed by: Laura Drammer • Berkshire Hathaway HomeServ-Los Olivos
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001592
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