4902 Sandyland Rd APT 244CarpinteriaCA93013
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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
Total monthly income runs $3,041/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 5.03% with $3,041/mo rent. Return on cash invested shows 12.79% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 64.65% and total cumulative return in cash records $154,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 1968
435.60 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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Listed by: Hitchcock & Associates • Compass
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-531
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