5047 Walnut Park DrSanta 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
Investment property for sale in Santa Barbara at 5047 Walnut Park Dr, Santa Barbara, CA, 93111 earns from $6,336/mo rent with a $9,055/mo payment. Total monthly income totals $6,336/mo. ROI tracks 10.14% on current figures, and rental yield reads 4.11% at a $1,850,000 purchase. Equity gained on principal adds $11,938/yr, and 5% annual appreciation supports $511,121 over five years. Five-year ROI reaches 50.37% and total cumulative return in cash sums $301,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,336/mo property income instead of your personal income.
Single Family
Built in 1969
7,840 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 ID: #25-3481