4950 Sandyland Rd APT 126CarpinteriaCA93013
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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 Carpinteria at 4950 Sandyland Rd APT 126, Carpinteria, CA, 93013 generates $3,206/mo in rent, after a $3,715/mo payment. Total monthly income is $3,206/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 5.07% on a $759,000 entry. Equity gained on principal adds $4,898/yr, while 5% annual appreciation builds toward $209,698 over five years. Five-year ROI reaches 65.24% and total cumulative return in cash sums $162,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,206/mo property income rather than buyer’s personal income.
Condo
Built in 1962
N/A 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: The Santa Barbara Group • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-2867
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