4515 Carpinteria AveCarpinteriaCA93013
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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 4515 Carpinteria Ave, Carpinteria, CA, 93013 offers a 9.37% rental yield on a $923,200 purchase with $7,211/mo rent. Total monthly income registers $7,211/mo, and a $4,519/mo payment leaves $1,434/mo available for distribution. Annual cash flow reaches $17,210/yr on $303,733 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $5,957/yr while 5% annual appreciation supports $255,063 over five years. Portfolio math shows five-year ROI at 134.1% and total cumulative return in cash at $407,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,211/mo property income against a $4,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
740 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
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Nearby investment properties with comparable prices
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