1815 Bath St APT 4Santa 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
Investment property for sale in Santa Barbara at 1815 Bath St APT 4, Santa Barbara, CA, 93101 listed at $755,000 pairs $3,141/mo rent with a $3,695/mo payment. Total monthly income runs $3,141/mo. Return on cash invested measures 12.67% in year one, and rental yield registers 4.99% at a $755,000 basis. Equity gained on principal adds $4,872/yr, and annual property appreciation at 5% supports $208,593 by year five. Five-year ROI tracks 63.99% and total cumulative return in cash totals $158,955. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,141/mo property income relative to a $3,695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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: Patricia Saraca • Village Properties - 1
Mls Name: SBMLS
Mls ID: #26-60