691 Ardmore 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
Investment property for sale in Goleta at 691 Ardmore Dr, Goleta, CA, 93117 listed at $1,550,000 pairs $6,698/mo rent with a $7,586/mo payment. Total monthly income runs $6,698/mo. Return on cash invested measures 13.46% in year one, and rental yield registers 5.19% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 68.17% and total cumulative return in cash totals $342,361. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,698/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
8,276 sqft 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: N/A • N/A
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