5160 Kara DrSanta BarbaraCA93111
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.52% gross rental yield, 5160 Kara Dr, Santa Barbara, CA, 93111 in Santa Barbara is priced for capital growth, not immediate cash flow. The $1,745,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $482,111 by year five, with $16,072/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.84) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $293,544.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 5.0% |
| Monthly Cash Flow | $(5,828) | $1,500 |
City averages based on Santa Barbara market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,566 |
| Total Monthly Debt Service | $11,701 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
5,227 sqft lot
$N/A/sqft
$1,600 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
5,227 sqft lot
$N/A/sqft
$1,600 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices