304 E Fesler StSanta MariaCA93454
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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 Santa Maria at 304 E Fesler St, Santa Maria, CA, 93454 offers a 1.69% rental yield on a $1,699,000 purchase with $2,388/mo rent. 66% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 10.26% and total cumulative return in cash at $56,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1928
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93454, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 6,183 (47.4%) |
| Renter Occupied HU | 6,137 (47.0%) |
| Vacant Housing Units | 730 ( 5.6%) |
| Median Home Value | $554,748 |
| Average Home Value | $617,127 |
Housing Distribution
Address Breakdown
Residential
12,539
Single Family
10,951
Multi-Family
1,588
Businesses
1,615
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Listed by: Cynthia M Gudino • Larry Greco Realty
Mls Name: North Santa Barbara County MLS
Mls ID: #25002314