2155 Ortega Hill Rd APT 12SummerlandCA93067
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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 Summerland at 2155 Ortega Hill Rd APT 12, Summerland, CA, 93067 earns $4,863/mo cash flow from $6,960/mo rent with a $1,659/mo payment. Total monthly income totals $6,960/mo, and annual cash flow totals $58,357/yr on $112,379 capital. ROI tracks 71.84% on current figures, and rental yield reads 24.64% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 381.35% and total cumulative return in cash sums $428,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,960/mo property income instead of your personal income.
Manufactured
Built in 1967
1,263 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93067, Summerland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 201 (39.5%) |
| Renter Occupied HU | 195 (38.3%) |
| Vacant Housing Units | 113 (22.2%) |
| Median Home Value | $1,995,283 |
| Average Home Value | $1,855,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
94
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Listed by: Kalia J Rork • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-3003
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