308 E Alcazar DrSanta MariaCA93455
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
Investment Highlights
Investment property for sale in Santa Maria at 308 E Alcazar Dr, Santa Maria, CA, 93455 at $607,900 posts ROI 23.35% with $548/mo cash flow from $4,308/mo rent. Total monthly income equals $4,308/mo, and annual cash flow records $6,573/yr on $199,999 to close. Return on cash invested measures 23.35% and rental yield reads 8.5% at the current $607,900. Equity gained on principal adds $3,923/yr, and 5% annual appreciation supports $167,952 by year five. Five-year ROI prints 121.24% and total cumulative return in cash totals $242,480.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,308/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
2,613 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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Listed by: Sonia Alshami • NextHome D&G Realty Group
Mls Name: CRMLS
Mls ID: #MC25215085