265 5th St UNIT ASolvangCA93463
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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 Solvang at 265 5th St UNIT A, Solvang, CA, 93463 earns from $3,717/mo rent with a $3,079/mo payment. Total monthly income totals $3,717/mo. ROI tracks 19.05% on current figures, and rental yield reads 7.09% at a $629,000 purchase. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash sums $203,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,717/mo property income instead of your personal income.
Condo
Built in 1980
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93463, Solvang, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,899 (100%) |
| Owner Occupied HU | 2,236 (57.3%) |
| Renter Occupied HU | 1,329 (34.1%) |
| Vacant Housing Units | 334 ( 8.6%) |
| Median Home Value | $1,375,604 |
| Average Home Value | $1,390,312 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,292
Multi-Family
169
Businesses
466
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Listed by: Claire Hanssen • Berkshire Hathaway HomeServ-Los Olivos
Mls Name: North Santa Barbara County MLS
Mls ID: #25001457