330 W Highway 246 SPACE 225BuelltonCA93427
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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 Buellton at 330 W Highway 246 SPACE 225, Buellton, CA, 93427 uses $66,300 cash to close to unlock $2,192/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $979/mo payment keeps the spread at $183/mo. Purchase price stands at $200,000, and rental yield measures 8.52% with $1,420/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 120.57% and total cumulative return in cash records $79,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93427, Buellton, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,469 (62.4%) |
| Renter Occupied HU | 728 (30.9%) |
| Vacant Housing Units | 156 ( 6.6%) |
| Median Home Value | $754,817 |
| Average Home Value | $819,198 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,059
Multi-Family
9
Businesses
492
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Listed by: Jodi Williams • eXp Realty of California Inc.
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24000883
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