3055A Padaro LnCarpinteriaCA93013
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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 Carpinteria at 3055A Padaro Ln, Carpinteria, CA, 93013 projects strong ROI of 5.39%. Rental yield 2.57%. With 5% annual appreciation, the property builds $9,669,854 in value over five years. Equity growth combined delivers a projected five-year ROI of 24.9%, translating into $2,823,842 in total cumulative return on $11,340,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1986
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93013, Carpinteria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 3,484 (48.7%) |
| Renter Occupied HU | 2,583 (36.1%) |
| Vacant Housing Units | 1,085 (15.2%) |
| Median Home Value | $1,100,254 |
| Average Home Value | $1,206,747 |
Housing Distribution
Address Breakdown
Residential
6,716
Single Family
6,120
Multi-Family
596
Businesses
563
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Listed by: Riskin Partners Estate Group • Village Properties
Mls Name: SBMLS
Mls ID: #25-4229