234 Robles WayBuelltonCA93427
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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
Rental property for sale in Buellton at 234 Robles Way, Buellton, CA, 93427 offers $5,574/mo rent that, after a $3,744/mo payment, leaves $842/mo cash flow. Total monthly income is $5,574/mo, and annual cash flow is $10,102/yr on $251,685 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 8.74% at a $765,000 entry. Equity gained on principal adds $4,936/yr while 5% annual appreciation compounds into $211,355 by year five. Five-year ROI records 125.13% and total cumulative return in cash reaches $314,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,574/mo property income versus a $3,744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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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