2219 N Iliff LnSanta 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 2219 N Iliff Ln, Santa Maria, CA, 93458 offers a 6.81% rental yield on a $629,000 purchase with $3,572/mo rent. 21% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 93.68% and total cumulative return in cash at $193,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,572/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
4,356 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: Kay Wilson-Bolton • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-32659