480 Snowdrop LnSanta PaulaCA93060
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 480 Snowdrop Ln, Santa Paula, CA, 93060 in Santa Paula. At $727,969 it earns $5,160/mo in rent and distributes $657/mo to the owner after the $3,273/mo payment, a consistent 8.51% yield. DSCR 1.58 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $201,124 in value; $6,705/yr in principal paydown compounds ownership stake. Total projected return: $318,318.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $657 | $500 |
City averages based on Santa Paula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,160 |
| Total Monthly Debt Service | $4,214 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Richmond American Homes
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A