209 E Orchard St UNIT CSanta MariaCA93454
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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 Maria at 209 E Orchard St UNIT C, Santa Maria, CA, 93454 priced at $250,000 converts $3,851/mo rent into $2,304/mo cash flow after a $1,224/mo obligation. Total monthly income equals $3,851/mo, and annual cash flow totals $27,649/yr on $82,875 invested. Return on cash invested prints 53.27% in year one, and rental yield reads 18.48% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 281.8% and total cumulative return in cash sums $233,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,851/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Condo
Built in 1962
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93454, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 6,183 (47.4%) |
| Renter Occupied HU | 6,137 (47.0%) |
| Vacant Housing Units | 730 ( 5.6%) |
| Median Home Value | $554,748 |
| Average Home Value | $617,127 |
Housing Distribution
Address Breakdown
Residential
12,539
Single Family
10,951
Multi-Family
1,588
Businesses
1,615
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Listed by: Holly St. Germain • Trust Properties USA
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2542
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