2038 Cielito LnSanta BarbaraCA93105
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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 2038 Cielito Ln, Santa Barbara, CA, 93105 projects strong ROI of 10.53%. Rental yield 4.24%. With 5% annual appreciation, the property builds $879,957 in value over five years. Equity growth combined delivers a projected five-year ROI of 52.44%, translating into $541,189 in total cumulative return on $1,031,940 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.
Single Family
Built in 1964
1 Acres 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
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Listed by: Crysta Metzger • Sotheby's International Realty
Mls Name: SBMLS
Mls ID: #26-118