2429 Lilac StSanta 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 2429 Lilac St, Santa Maria, CA, 93458 with 5% annual appreciation on a $555,000 basis while $3,779/mo rent supports operations. Total monthly income totals $3,779/mo and a $2,716/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,833/yr on $182,595 deployed, and return on cash invested reaches 21.61% in year one. Equity gained on principal adds $3,581/yr, and five-year appreciation sums $153,336 alongside rental yield of 8.17%. Five-year ROI measures 112.21% and total cumulative return in cash totals $204,896.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,779/mo property income versus a $2,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
4,356 sqft lot
$N/A/sqft
$110 monthly 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: Carlos Zuriel Rojas • JVP Real Estate
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24002046
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 2024, Santa Maria Association of REALTORS, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2024. All rights reserved.