2084 E Valley Rd #1Santa BarbaraCA93108
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2084 E Valley Rd #1, Santa Barbara, CA, 93108 in Santa Barbara. Rental yield 4.34%. At $1,499,000 with 4.34% gross yield, current distributions are modest, but the 5% appreciation rate projects $414,146 in new equity by year five, complemented by $13,806/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.80) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $320,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.0% |
| Monthly Cash Flow | $(3,852) | $1,500 |
City averages based on Santa Barbara market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,421 |
| Total Monthly Debt Service | $8,677 |
| DSCR Ratio | 0.62x |
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.
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93108, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,442 (100%) |
| Owner Occupied HU | 2,885 (53.0%) |
| Renter Occupied HU | 1,313 (24.1%) |
| Vacant Housing Units | 1,244 (22.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,968,243 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,566
Multi-Family
311
Businesses
332
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
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93108, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,442 (100%) |
| Owner Occupied HU | 2,885 (53.0%) |
| Renter Occupied HU | 1,313 (24.1%) |
| Vacant Housing Units | 1,244 (22.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,968,243 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,566
Multi-Family
311
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacie Scifres • Engel & Vlkers Dana Point
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #OC25168963