295 N Broadway St Space 201OrcuttCA93455
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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 Orcutt at 295 N Broadway St Space 201, Orcutt, CA, 93455 generates $1,453/mo in rent and, after a $1,028/mo payment, leaves $154/mo in cash flow. Total monthly income is $1,453/mo, and annual cash flow is $1,845/yr on $69,615 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 8.3% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $81,484. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,453/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
1,400 sqft lot
$N/A/sqft
No 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
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