345 Kellogg Way APT 18GoletaCA93117
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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 Goleta at 345 Kellogg Way APT 18, Goleta, CA, 93117 earns from $4,984/mo rent with a $6,338/mo payment. Total monthly income totals $4,984/mo. ROI tracks 11.28% on current figures, and rental yield reads 4.62% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 56.65% and total cumulative return in cash sums $237,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,984/mo property income instead of your personal income.
Townhouse
Built in 2008
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93117, Goleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,278 (100%) |
| Owner Occupied HU | 6,628 (36.3%) |
| Renter Occupied HU | 10,645 (58.2%) |
| Vacant Housing Units | 1,005 ( 5.5%) |
| Median Home Value | $1,032,223 |
| Average Home Value | $1,161,338 |
Housing Distribution
Address Breakdown
Residential
16,996
Single Family
13,058
Multi-Family
3,938
Businesses
1,369
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Listed by: Colleen Beall • Compass
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-10
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