310 El Calle JonSanta MariaCA93454
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
Rental property for sale in Santa Maria at 310 El Calle Jon, Santa Maria, CA, 93454 priced at $485,000 converts $2,773/mo rent into after a $2,374/mo obligation. Total monthly income equals $2,773/mo. Return on cash invested prints 18.21% in year one, and rental yield reads 6.86% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 93.74% and total cumulative return in cash sums $150,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,773/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2,613 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suzanna Huitron, CNE • Royal Properties
Mls Name: North Santa Barbara County MLS
Mls ID: #25001619