701 E Pine Ave SPACE 161LompocCA93436
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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 Lompoc at 701 E Pine Ave SPACE 161, Lompoc, CA, 93436 uses $53,007 cash to close to unlock $2,598/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $1,206/mo, and a $783/mo payment keeps the spread at $216/mo. Purchase price stands at $159,900, and rental yield measures 9.05% with $1,206/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 129.16% and total cumulative return in cash records $68,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,206/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1962
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93436, Lompoc, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,538 (100%) |
| Owner Occupied HU | 10,053 (51.5%) |
| Renter Occupied HU | 8,540 (43.7%) |
| Vacant Housing Units | 945 ( 4.8%) |
| Median Home Value | $513,530 |
| Average Home Value | $612,471 |
Housing Distribution
Address Breakdown
Residential
18,820
Single Family
17,507
Multi-Family
1,313
Businesses
1,120
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Listed by: Miguel Avila • Pacific Crest Realty
Mls Name: North Santa Barbara County MLS
Mls ID: #25001587