6083 Suellen CtGoletaCA93117
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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 6083 Suellen Ct, Goleta, CA, 93117 earns $1,081/mo cash flow from $7,514/mo rent with a $5,090/mo payment. Total monthly income totals $7,514/mo, and annual cash flow totals $12,968/yr on $336,960 capital. ROI tracks 24.22% on current figures, and rental yield reads 8.67% at a $1,040,000 purchase. Equity gained on principal adds $6,711/yr, and 5% annual appreciation supports $287,333 over five years. Five-year ROI reaches 125.85% and total cumulative return in cash sums $424,054. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,514/mo property income instead of your personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93117, Goleta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,278 (100%) |
| Owner Occupied HU | 6,628 (36.3%) |
| Renter Occupied HU | 10,645 (58.2%) |
| Vacant Housing Units | 1,005 ( 5.5%) |
| Median Home Value | $1,032,223 |
| Average Home Value | $1,161,338 |
Housing Distribution
Address Breakdown
Residential
16,996
Single Family
13,058
Multi-Family
3,938
Businesses
1,369
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Listed by: Robert Walsmith Jr. • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-749
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