2535 Golden Gate AveSummerlandCA93067
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2535 Golden Gate Ave, Summerland, CA, 93067 in Summerland. At $1,050,000 it earns $7,838/mo in rent and distributes $1,343/mo to the owner after the $4,721/mo payment, a consistent 8.96% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $290,096 in value; $9,671/yr in principal paydown compounds ownership stake. Total projected return: $484,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.0% |
| Monthly Cash Flow | $1,343 | $2,500 |
City averages based on Summerland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,838 |
| Total Monthly Debt Service | $6,078 |
| DSCR Ratio | 1.29x |
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.
Lot
Built in N/A
0.14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93067, Summerland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 201 (39.5%) |
| Renter Occupied HU | 195 (38.3%) |
| Vacant Housing Units | 113 (22.2%) |
| Median Home Value | $1,995,283 |
| Average Home Value | $1,855,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
94
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
Lot
Built in N/A
0.14 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93067, Summerland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 201 (39.5%) |
| Renter Occupied HU | 195 (38.3%) |
| Vacant Housing Units | 113 (22.2%) |
| Median Home Value | $1,995,283 |
| Average Home Value | $1,855,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices