438 W Harding AveSanta MariaCA93458
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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 Santa Maria at 438 W Harding Ave, Santa Maria, CA, 93458 offers $3,409/mo rent that, after a $3,132/mo payment. Total monthly income is $3,409/mo. Return on cash invested measures 16.93% in year one, and rental yield stands at 6.39% at a $639,999 entry. Equity gained on principal adds $4,130/yr while 5% annual appreciation compounds into $176,820 by year five. Five-year ROI records 86.83% and total cumulative return in cash reaches $182,826. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,409/mo property income versus a $3,132/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93458, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,643 (100%) |
| Owner Occupied HU | 6,383 (43.6%) |
| Renter Occupied HU | 7,772 (53.1%) |
| Vacant Housing Units | 488 ( 3.3%) |
| Median Home Value | $481,992 |
| Average Home Value | $589,907 |
Housing Distribution
Address Breakdown
Residential
13,861
Single Family
11,593
Multi-Family
2,268
Businesses
705
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Listed by: Gabriel Fernandez • Novel Real estate
Mls Name: North Santa Barbara County MLS
Mls ID: #25002337