283 Savona AveGoletaCA93117
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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 Goleta at 283 Savona Ave, Goleta, CA, 93117 at $1,525,000 posts ROI 20.1% with from $9,323/mo rent. Total monthly income equals $9,323/mo. Return on cash invested measures 20.1% and rental yield reads 7.34% at the current $1,525,000. Equity gained on principal adds $9,841/yr, and 5% annual appreciation supports $421,329 by year five. Five-year ROI prints 103.77% and total cumulative return in cash totals $512,736. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,323/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93117, Goleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,278 (100%) |
| Owner Occupied HU | 6,628 (36.3%) |
| Renter Occupied HU | 10,645 (58.2%) |
| Vacant Housing Units | 1,005 ( 5.5%) |
| Median Home Value | $1,032,223 |
| Average Home Value | $1,161,338 |
Housing Distribution
Address Breakdown
Residential
16,996
Single Family
13,058
Multi-Family
3,938
Businesses
1,369
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Listed by: Hutch Axilrod • Compass
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2471
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