221 Marquis PlSanta 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
Investment property for sale in Santa Maria at 221 Marquis Pl, Santa Maria, CA, 93454 offers a 8.82% rental yield on a $424,900 purchase with $3,122/mo rent. Total monthly income registers $3,122/mo, and a $2,080/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,598/yr on $140,854 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 110.05% and total cumulative return in cash at $155,013. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,122/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2,178 sqft lot
$N/A/sqft
$360 monthly 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: Ray Vega • eXp Realty of California, Inc.
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24002146
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS, Inc. Copyright 2024, Santa Maria Association of REALTORS, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2024. All rights reserved.