1701 S Thornburg St SPACE 122Santa MariaCA93458
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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 1701 S Thornburg St SPACE 122, Santa Maria, CA, 93458 listed at $129,000 pairs $1,004/mo rent with a $631/mo payment to leave $206/mo cash flow. Total monthly income runs $1,004/mo, and annual cash flow reaches $2,476/yr on $42,764 cash to close. Return on cash invested measures 25.7% in year one, and rental yield registers 9.34% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 133.97% and total cumulative return in cash totals $57,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,004/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93458, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,643 (100%) |
| Owner Occupied HU | 6,383 (43.6%) |
| Renter Occupied HU | 7,772 (53.1%) |
| Vacant Housing Units | 488 ( 3.3%) |
| Median Home Value | $481,992 |
| Average Home Value | $589,907 |
Housing Distribution
Address Breakdown
Residential
13,861
Single Family
11,593
Multi-Family
2,268
Businesses
705
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Listed by: Heidi Lynn Parkins • CHAMPION Real Estate
Mls Name: North Santa Barbara County MLS
Mls ID: #26000002