6757 Del Playa DrGoletaCA93117
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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 Goleta at 6757 Del Playa Dr, Goleta, CA, 93117 priced at $599,000 pairs $4,738/mo rent with $1,032/mo cash flow after a $2,932/mo payment. Total monthly income equals $4,738/mo, and annual cash flow comes to $12,387/yr on $197,071 invested. Return on cash invested is 26.35% in year one, and rental yield stands at 9.49% on a $599,000 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,493 by year five. Five-year ROI measures 137.33% and total cumulative return in cash reaches $270,646. For financing, Ziffy Mortgage’s DSCR program evaluates $4,738/mo property income against a $2,932/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1968
0.32 Acres 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: Staci Caplan • Pacific Crest Realty
Mls Name: SBMLS
Mls ID: #26-166