2084 E Valley Rd #2Santa BarbaraCA93108
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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 2084 E Valley Rd #2, Santa Barbara, CA, 93108 earns from $5,721/mo rent with a $7,337/mo payment. Total monthly income totals $5,721/mo. ROI tracks 11.59% on current figures, and rental yield reads 4.58% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 58.14% and total cumulative return in cash sums $282,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,721/mo property income instead of your personal income.
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
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Listed by: Stacie Scifres • Engel & Vlkers Dana Point
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #OC25168975