1650 E Clark Ave SPACE 217Santa 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
Investment property for sale in Santa Maria at 1650 E Clark Ave SPACE 217, Santa Maria, CA, 93455 uses $56,024 cash to close to unlock $13,760/yr annual cash flow and $1,147/mo monthly cash flow. Total monthly income runs $3,210/mo, and a $827/mo payment keeps the spread at $1,147/mo. Purchase price stands at $169,000, and rental yield measures 22.79% with $3,210/mo rent. Return on cash invested shows 44.47% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 242.48% and total cumulative return in cash records $135,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,210/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
1,306 sqft lot
$N/A/sqft
$1,018 monthly 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: Nadine Marie Delgado • eXp Realty of California, Inc.
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001217
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