208 E Santa Paula StSanta PaulaCA93060
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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
Rental property for sale in Santa Paula at 208 E Santa Paula St, Santa Paula, CA, 93060 generates $4,422/mo in rent and, after a $3,177/mo payment, leaves $407/mo in cash flow. Total monthly income is $4,422/mo, and annual cash flow is $4,880/yr on $213,521 invested. Return on cash invested sits at 22.35% in year one, and rental yield is 8.18% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 115.87% and total cumulative return in cash sums $247,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,422/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
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Listed by: Dave Lynn • Ojai Property Group, Inc
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224231
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2024-02-12 14:06:22 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.