3450 Santa Maria Way Unit 105DSanta MariaCA93455
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3450 Santa Maria Way Unit 105D, Santa Maria, CA, 93455 in Santa Maria speaks for itself: 10.68% gross on a $347,500 price, generating $3,092/mo in rent and $663/mo in net income after the $1,563/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,952 stacks alongside $96,008 in projected five-year appreciation and $3,201/yr in principal reduction. Projected total cumulative return: $192,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.5% |
| Monthly Cash Flow | $663 | $300 |
City averages based on Santa Maria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,092 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
871.20 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
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
Condo
Built in 1985
871.20 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: North Santa Barbara County MLS
Mls ID: #26000372