2143 W Steele LnSanta RosaCA95403
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2143 W Steele Ln, Santa Rosa, CA, 95403 in Santa Rosa at $360,000 earns $2,905/mo in rent and nets $160/mo after the $1,619/mo payment, a 9.68% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $99,461 over five years. Ziffy Mortgage underwrites this on a 1.79 DSCR without U.S. credit history. With $3,316/yr in principal paydown, total projected return reaches $149,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.0% |
| Monthly Cash Flow | $160 | $250 |
City averages based on Santa Rosa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,905 |
| Total Monthly Debt Service | $2,602 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1984
945.25 sqft lot
$N/A/sqft
$518 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95403, Santa Rosa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,305 (100%) |
| Owner Occupied HU | 9,339 (51.0%) |
| Renter Occupied HU | 7,753 (42.4%) |
| Vacant Housing Units | 1,213 ( 6.6%) |
| Median Home Value | $726,244 |
| Average Home Value | $799,497 |
Housing Distribution
Address Breakdown
Residential
18,825
Single Family
14,220
Multi-Family
4,605
Businesses
1,926
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
Condo
Built in 1984
945.25 sqft lot
$N/A/sqft
$518 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95403, Santa Rosa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,305 (100%) |
| Owner Occupied HU | 9,339 (51.0%) |
| Renter Occupied HU | 7,753 (42.4%) |
| Vacant Housing Units | 1,213 ( 6.6%) |
| Median Home Value | $726,244 |
| Average Home Value | $799,497 |
Housing Distribution
Address Breakdown
Residential
18,825
Single Family
14,220
Multi-Family
4,605
Businesses
1,926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices