614 Corte BellaSanta 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 614 Corte Bella, Santa Barbara, CA, 93111 projects strong ROI of 12.86%. Rental yield 5.07%. With 5% annual appreciation, the property builds $904,822 in value over five years. Equity growth combined delivers a projected five-year ROI of 65.04%, translating into $690,129 in total cumulative return on $1,061,100 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
0.29 Acres 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: Carmen Galzerano • Berkshire Hathaway HomeServices California Properties
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2246
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