24 Gonzales LnLos AlamosCA93440
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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 Los Alamos at 24 Gonzales Ln, Los Alamos, CA, 93440 priced at $825,000 converts $3,361/mo rent into after a $4,038/mo obligation. Total monthly income equals $3,361/mo. Return on cash invested prints 12.36% in year one, and rental yield reads 4.89% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 62.31% and total cumulative return in cash sums $169,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,361/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93440, Los Alamos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 674 (100%) |
| Owner Occupied HU | 410 (60.8%) |
| Renter Occupied HU | 230 (34.1%) |
| Vacant Housing Units | 34 ( 5.0%) |
| Median Home Value | $816,092 |
| Average Home Value | $1,168,293 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
68
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Listed by: Michael Nicola • Town and Ranch Properties
Mls Name: North Santa Barbara County MLS
Mls ID: #26000104