1701 S Thornburg St Spc 108Santa MariaCA93458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spc 108, Santa Maria, CA, 93458 earns $2,203/mo cash flow from $2,939/mo rent with a $582/mo payment. Total monthly income totals $2,939/mo, and annual cash flow totals $26,439/yr on $39,449 capital. ROI tracks 86.93% on current figures, and rental yield reads 29.64% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 462.36% and total cumulative return in cash sums $182,393. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,939/mo property income instead of your personal income.
Manufactured
Built in 2001
435.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Lynn Parkins • CHAMPION Real Estate
Mls Name: North Santa Barbara County MLS
Mls ID: #25002223