2170 Avenida RedondoSanta MariaCA93458
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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 Maria at 2170 Avenida Redondo, Santa Maria, CA, 93458 uses $81,218 cash to close to unlock $1,638/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $1,199/mo payment keeps the spread at $137/mo. Purchase price stands at $245,000, and rental yield measures 8.09% with $1,652/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 113.69% and total cumulative return in cash records $92,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93458, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,643 (100%) |
| Owner Occupied HU | 6,383 (43.6%) |
| Renter Occupied HU | 7,772 (53.1%) |
| Vacant Housing Units | 488 ( 3.3%) |
| Median Home Value | $481,992 |
| Average Home Value | $589,907 |
Housing Distribution
Address Breakdown
Residential
13,861
Single Family
11,593
Multi-Family
2,268
Businesses
705
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Listed by: Pamela J Hogue • Century 21 Masters
Mls Name: North Santa Barbara County MLS
Mls ID: #26000151