279 Rosario Park RdSanta BarbaraCA93105
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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 Santa Barbara at 279 Rosario Park Rd, Santa Barbara, CA, 93105 priced at $1,625,000 pairs $11,417/mo rent with $1,364/mo cash flow after a $7,954/mo payment. Total monthly income equals $11,417/mo, and annual cash flow comes to $16,368/yr on $526,500 invested. Return on cash invested is 23.48% in year one, and rental yield stands at 8.43% on a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and 5% annual appreciation accumulates to $448,958 by year five. Five-year ROI measures 121.89% and total cumulative return in cash reaches $641,740. For financing, Ziffy Mortgage’s DSCR program evaluates $11,417/mo property income against a $7,954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93105, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,109 (50.7%) |
| Renter Occupied HU | 4,906 (40.7%) |
| Vacant Housing Units | 1,026 ( 8.5%) |
| Median Home Value | $1,647,666 |
| Average Home Value | $1,606,828 |
Housing Distribution
Address Breakdown
Residential
11,231
Single Family
8,520
Multi-Family
2,711
Businesses
875
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Listed by: Olesya Thyne • Goodwin & Thyne Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2240
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