2056 Highway 154 #8Santa YnezCA93460
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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 Ynez at 2056 Highway 154 #8, Santa Ynez, CA, 93460 offers a 12.78% rental yield on a $395,000 purchase with $4,208/mo rent. Total monthly income registers $4,208/mo, and a $1,933/mo payment leaves $1,329/mo available for distribution. Annual cash flow reaches $15,945/yr on $130,943 to close, and return on cash invested stands at 32.09% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 169.58% and total cumulative return in cash at $222,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,208/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
$436 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93460, Santa Ynez, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,483 (63.2%) |
| Renter Occupied HU | 582 (24.8%) |
| Vacant Housing Units | 280 (11.9%) |
| Median Home Value | $1,392,361 |
| Average Home Value | $1,478,992 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,946
Multi-Family
61
Businesses
332
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Listed by: Robert K. Etling • Joe Olla Realty
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001866
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS, Inc. Copyright 2024, Santa Maria Association of REALTORS, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2024. All rights reserved.