5290 Overpass Rd UNIT 4GoletaCA93111
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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 Goleta at 5290 Overpass Rd UNIT 4, Goleta, CA, 93111 earns from $3,407/mo rent with a $4,283/mo payment. Total monthly income totals $3,407/mo. ROI tracks 11.7% on current figures, and rental yield reads 4.67% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 58.77% and total cumulative return in cash sums $169,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,407/mo property income instead of your personal income.
Condo
Built in 1983
871.20 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: Summer Knight • Sun Coast Real Estate
Mls Name: SBMLS
Mls ID: #25-4255