3950 Via Real SPACE 245CarpinteriaCA93013
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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 Carpinteria at 3950 Via Real SPACE 245, Carpinteria, CA, 93013 uses $253,001 cash to close to unlock $10,304/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $5,616/mo, and a $3,764/mo payment keeps the spread at $859/mo. Purchase price stands at $769,000, and rental yield measures 8.76% with $5,616/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 125.46% and total cumulative return in cash records $317,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,616/mo property income covering a $3,764/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93013, Carpinteria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 3,484 (48.7%) |
| Renter Occupied HU | 2,583 (36.1%) |
| Vacant Housing Units | 1,085 (15.2%) |
| Median Home Value | $1,100,254 |
| Average Home Value | $1,206,747 |
Housing Distribution
Address Breakdown
Residential
6,716
Single Family
6,120
Multi-Family
596
Businesses
563
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Listed by: Mike Cirillo • M.A. Cirillo & Associates
Mls Name: CRMLS
Mls ID: #V1-33635