636 Chalk Hill RdSolvangCA93463
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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 Solvang at 636 Chalk Hill Rd, Solvang, CA, 93463 priced at $1,343,400 converts $7,398/mo rent into after a $6,575/mo obligation. Total monthly income equals $7,398/mo. Return on cash invested prints 17.85% in year one, and rental yield reads 6.61% against a $1,343,400 entry. Equity gained on principal adds $8,669/yr, while 5% annual appreciation compiles into $371,157 by year five. Five-year ROI reaches 91.72% and total cumulative return in cash sums $399,225. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,398/mo property income covering a $6,575/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.49 Acres 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: N/A • N/A
Mls Name: Douglas Elliman
Mls Provider:
Mls ID: #25-1856