1418 Solomon RdSanta MariaCA93455
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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
Total monthly income runs $4,030/mo, and a $7,097/mo payment. Purchase price stands at $1,450,000, and rental yield measures 3.34% with $4,030/mo rent. Return on cash invested shows 7.75% in year one, and 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 37.55% and total cumulative return in cash records $176,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,030/mo property income covering a $7,097/mo payment rather than investor’s personal income.
Single Family
Built in 1988
4.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93455, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,975 (100%) |
| Owner Occupied HU | 12,004 (70.7%) |
| Renter Occupied HU | 4,212 (24.8%) |
| Vacant Housing Units | 759 ( 4.5%) |
| Median Home Value | $616,358 |
| Average Home Value | $693,383 |
Housing Distribution
Address Breakdown
Residential
16,413
Single Family
15,944
Multi-Family
469
Businesses
1,049
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Listed by: Libby Brown • eXp Realty of California, Inc.
Mls Name: North Santa Barbara County MLS
Mls ID: #25001837