355 W Clark Ave SPACE 45OrcuttCA93455
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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
Rental property for sale in Orcutt at 355 W Clark Ave SPACE 45, Orcutt, CA, 93455 generates $3,098/mo in rent and, after a $827/mo payment, leaves $2,053/mo in cash flow. Total monthly income is $3,098/mo, and annual cash flow is $24,632/yr on $56,024 invested. Return on cash invested sits at 63.88% in year one, and rental yield is 22% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 338.63% and total cumulative return in cash sums $189,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,098/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
435.60 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: Michelle Lynn Gongora-Cothran • P.B. & Associates
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #24002000
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