427 E Park Ave UNIT 2Santa MariaCA93454
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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 Santa Maria at 427 E Park Ave UNIT 2, Santa Maria, CA, 93454 earns from $2,187/mo rent with a $1,860/mo payment. Total monthly income totals $2,187/mo. ROI tracks 18.35% on current figures, and rental yield reads 6.91% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 94.51% and total cumulative return in cash sums $119,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,187/mo property income instead of your personal income.
Single Family
Built in 1976
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93454, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 6,183 (47.4%) |
| Renter Occupied HU | 6,137 (47.0%) |
| Vacant Housing Units | 730 ( 5.6%) |
| Median Home Value | $554,748 |
| Average Home Value | $617,127 |
Housing Distribution
Address Breakdown
Residential
12,539
Single Family
10,951
Multi-Family
1,588
Businesses
1,615
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Listed by: Daniel Armenta • New America Realty
Mls Name: North Santa Barbara County MLS
Mls ID: #25002305