2343 E Cesar E Chavez DrSanta MariaCA93458
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
Investment Highlights
Rental property for sale in Santa Maria at 2343 E Cesar E Chavez Dr, Santa Maria, CA, 93458 priced at $649,000 converts $4,470/mo rent into $455/mo cash flow after a $3,177/mo obligation. Total monthly income equals $4,470/mo, and annual cash flow totals $5,456/yr on $213,521 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.27% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 117.31% and total cumulative return in cash sums $250,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,470/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,227 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: Jacqueline Lawrence • LPT Realty
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25000579
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 2025, Santa Maria Association of REALTORS, Inc. Copyright 2025; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2025. All rights reserved.