234 Robles WayBuelltonCA93427
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Buellton rental at 234 Robles Way, Buellton, CA, 93427 sits in the solid-income band: 8.74% gross yield, $5,574/mo rent, $842/mo net after the $3,440/mo debt service, DSCR 1.62. Entry price of $765,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $211,355 and $7,046/yr in principal reduction bring total cumulative return to $344,206.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.2% |
| Monthly Cash Flow | $842 | $200 |
City averages based on Buellton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,574 |
| Total Monthly Debt Service | $4,428 |
| DSCR Ratio | 1.26x |
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 2018
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93427, Buellton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,469 (62.4%) |
| Renter Occupied HU | 728 (30.9%) |
| Vacant Housing Units | 156 ( 6.6%) |
| Median Home Value | $754,817 |
| Average Home Value | $819,198 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,059
Multi-Family
9
Businesses
492
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 2018
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93427, Buellton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,469 (62.4%) |
| Renter Occupied HU | 728 (30.9%) |
| Vacant Housing Units | 156 ( 6.6%) |
| Median Home Value | $754,817 |
| Average Home Value | $819,198 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,059
Multi-Family
9
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rosa De La Mora • Keller Williams Santa Barbara
Mls Name: North Santa Barbara County MLS
Mls ID: #25001874