4974 Rhoads AveSanta BarbaraCA93111
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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 Santa Barbara at 4974 Rhoads Ave, Santa Barbara, CA, 93111 priced at $1,250,000 converts $4,718/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,718/mo. Return on cash invested prints 10.51% in year one, and rental yield reads 4.53% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 52.69% and total cumulative return in cash sums $213,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,718/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93111, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,567 (100%) |
| Owner Occupied HU | 4,404 (67.1%) |
| Renter Occupied HU | 1,886 (28.7%) |
| Vacant Housing Units | 277 ( 4.2%) |
| Median Home Value | $1,264,497 |
| Average Home Value | $1,323,787 |
Housing Distribution
Address Breakdown
Residential
6,780
Single Family
5,977
Multi-Family
803
Businesses
493
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Listed by: Rachael Douglas • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #25-1857
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