616 Alisal RdSolvangCA93463
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
Investment Highlights
Rental property for sale in Solvang at 616 Alisal Rd, Solvang, CA, 93463 offers $3,345/mo rent that, after a $3,916/mo payment. Total monthly income is $3,345/mo. Return on cash invested measures 12.75% in year one, and rental yield stands at 5.02% at a $799,999 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 64.39% and total cumulative return in cash reaches $169,471. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,345/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93463, Solvang, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,899 (100%) |
| Owner Occupied HU | 2,236 (57.3%) |
| Renter Occupied HU | 1,329 (34.1%) |
| Vacant Housing Units | 334 ( 8.6%) |
| Median Home Value | $1,375,604 |
| Average Home Value | $1,390,312 |
Housing Distribution
Address Breakdown
Residential
3,461
Single Family
3,292
Multi-Family
169
Businesses
466
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Listed by: Vivien Alexander • Berkshire Hathaway HomeServ-Los Olivos
Mls Name: North Santa Barbara County MLS
Mls ID: #25002301