5385 Traci 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
Rental property for sale in Santa Barbara at 5385 Traci Dr, Santa Barbara, CA, 93111 priced at $999,000 pairs $8,179/mo rent with $1,938/mo cash flow after a $4,890/mo payment. Total monthly income equals $8,179/mo, and annual cash flow comes to $23,254/yr on $328,671 invested. Return on cash invested is 27.14% in year one, and rental yield stands at 9.82% on a $999,000 basis. Equity gained on principal adds $6,446/yr, and 5% annual appreciation accumulates to $276,005 by year five. Five-year ROI measures 141.63% and total cumulative return in cash reaches $465,506. For financing, Ziffy Mortgage’s DSCR program evaluates $8,179/mo property income against a $4,890/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
N/A 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: Mary Layman • Keller Williams Realty Santa Barbara
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2946
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