1701 Anacapa St UNIT 9Santa 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
Rental property for sale in Santa Barbara at 1701 Anacapa St UNIT 9, Santa Barbara, CA, 93101 generates $4,338/mo in rent, after a $4,723/mo payment. Total monthly income is $4,338/mo. Return on cash invested sits at 13.89% in year one, and rental yield is 5.39% on a $965,000 entry. Equity gained on principal adds $6,227/yr, while 5% annual appreciation builds toward $266,612 over five years. Five-year ROI reaches 70.55% and total cumulative return in cash sums $223,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,338/mo property income rather than buyer’s personal income.
Condo
Built in 1977
1,306 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: Grubb Campbell Group • Village Properties
Mls Name: SBMLS
Mls ID: #26-103