321 E Inger Dr #D-18Santa 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 321 E Inger Dr #D-18, Santa Maria, CA, 93454 earns $117/mo cash flow from $2,237/mo rent with a $1,463/mo payment. Total monthly income totals $2,237/mo, and annual cash flow totals $1,406/yr on $99,119 capital. ROI tracks 21.33% on current figures, and rental yield reads 8.98% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash sums $110,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,237/mo property income instead of your personal income.
Condo
Built in 1991
435.60 sqft lot
$N/A/sqft
$225 monthly 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: Josh Tappeiner • eXp Realty of California Inc.
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24002181
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