275 W Highway 246 UNIT 103BuelltonCA93427
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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 Buellton at 275 W Highway 246 UNIT 103, Buellton, CA, 93427 generates $3,742/mo in rent, after a $3,304/mo payment. Total monthly income is $3,742/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 6.65% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 91.06% and total cumulative return in cash sums $202,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,742/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93427, Buellton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,469 (62.4%) |
| Renter Occupied HU | 728 (30.9%) |
| Vacant Housing Units | 156 ( 6.6%) |
| Median Home Value | $754,817 |
| Average Home Value | $819,198 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,059
Multi-Family
9
Businesses
492
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Listed by: Candice Signa • Berkshire Hathaway HomeServ-Los Olivos
Mls Name: North Santa Barbara County MLS
Mls ID: #25002172