355 W Clark Ave SPACE 14OrcuttCA93455
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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 Orcutt at 355 W Clark Ave SPACE 14, Orcutt, CA, 93455 with 5% annual appreciation on a $299,950 basis while $4,801/mo rent supports operations. Total monthly income totals $4,801/mo and a $1,468/mo payment preserves $2,946/mo for cash returns. Annual cash flow comes to $35,347/yr on $99,433 deployed, and return on cash invested reaches 55.46% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,871 alongside rental yield of 19.21%. Five-year ROI measures 293.47% and total cumulative return in cash totals $291,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,801/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2019
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
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Listed by: Jason L Adams • Oliver Ries Broker
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24001402
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS, Inc. Copyright 2024, Santa Maria Association of REALTORS, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2024. All rights reserved.