4400 Carpinteria Ave UNIT 1CarpinteriaCA93013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4400 Carpinteria Ave UNIT 1, Carpinteria, CA, 93013 earns $684/mo cash flow from $4,241/mo rent with a $2,814/mo payment. Total monthly income totals $4,241/mo, and annual cash flow totals $8,211/yr on $189,175 capital. ROI tracks 24.4% on current figures, and rental yield reads 8.85% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 126.9% and total cumulative return in cash sums $240,071. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,241/mo property income instead of your personal income.
Manufactured
Built in 1990
3,500 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Gomez • Houstir INC
Mls Name: CRMLS
Mls ID: #V1-32597