5075 Rhoads Ave APT ASanta 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 5075 Rhoads Ave APT A, Santa Barbara, CA, 93111 at $1,269,900 posts ROI 24.34% with $1,361/mo cash flow from $9,217/mo rent. Total monthly income equals $9,217/mo, and annual cash flow records $16,329/yr on $411,448 to close. Return on cash invested measures 24.34% and rental yield reads 8.71% at the current $1,269,900. Equity gained on principal adds $8,194/yr, and 5% annual appreciation supports $350,850 by year five. Five-year ROI prints 126.49% and total cumulative return in cash totals $520,449.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,217/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
1,742 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: Briselda M Ruiz • Briselda M Ruiz, Broker
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2601
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