295 N Broadway St SPACE 175OrcuttCA93455
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 295 N Broadway St SPACE 175, Orcutt, CA, 93455 in Orcutt. Priced at $214,900, it generates $4,306/mo in gross rent and $2,221/mo in net monthly cash flow, a 24.04% yield that comfortably supports the 4.46 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $26,654. Five-year appreciation: $59,373. Equity from principal paydown: $1,979/yr. Total projected cumulative return: $227,780.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24% | 8.0% |
| Monthly Cash Flow | $2,221 | $1,500 |
City averages based on Orcutt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,306 |
| Total Monthly Debt Service | $1,999 |
| DSCR Ratio | 2.15x |
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.
Manufactured
Built in 1982
1,166 sqft lot
$N/A/sqft
$755 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93455, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,975 (100%) |
| Owner Occupied HU | 12,004 (70.7%) |
| Renter Occupied HU | 4,212 (24.8%) |
| Vacant Housing Units | 759 ( 4.5%) |
| Median Home Value | $616,358 |
| Average Home Value | $693,383 |
Housing Distribution
Address Breakdown
Residential
16,413
Single Family
15,944
Multi-Family
469
Businesses
1,049
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
Manufactured
Built in 1982
1,166 sqft lot
$N/A/sqft
$755 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93455, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,975 (100%) |
| Owner Occupied HU | 12,004 (70.7%) |
| Renter Occupied HU | 4,212 (24.8%) |
| Vacant Housing Units | 759 ( 4.5%) |
| Median Home Value | $616,358 |
| Average Home Value | $693,383 |
Housing Distribution
Address Breakdown
Residential
16,413
Single Family
15,944
Multi-Family
469
Businesses
1,049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices