2019 Castillo StSanta BarbaraCA93105
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Santa Barbara at 2019 Castillo St, Santa Barbara, CA, 93105 projects strong ROI of 4.6%. Rental yield 2.32%. With 5% annual appreciation, the property builds $580,191 in value over five years. Equity growth combined delivers a projected five-year ROI of 37.41%, translating into $221,933 in total cumulative return on $593,250 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 5.0% |
| Monthly Cash Flow | $(8,925) | $1,500 |
City averages based on Santa Barbara market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,066 |
| Total Monthly Debt Service | $12,155 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93105, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,109 (50.7%) |
| Renter Occupied HU | 4,906 (40.7%) |
| Vacant Housing Units | 1,026 ( 8.5%) |
| Median Home Value | $1,647,666 |
| Average Home Value | $1,606,828 |
Housing Distribution
Address Breakdown
Residential
11,231
Single Family
8,520
Multi-Family
2,711
Businesses
875
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
Multi Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93105, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,109 (50.7%) |
| Renter Occupied HU | 4,906 (40.7%) |
| Vacant Housing Units | 1,026 ( 8.5%) |
| Median Home Value | $1,647,666 |
| Average Home Value | $1,606,828 |
Housing Distribution
Address Breakdown
Residential
11,231
Single Family
8,520
Multi-Family
2,711
Businesses
875
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SBMLS
Mls ID: #26-810