712 Castillo StSanta BarbaraCA93101
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 Santa Barbara at 712 Castillo St, Santa Barbara, CA, 93101 priced at $999,300 pairs $5,466/mo rent with after a $4,891/mo payment. Total monthly income equals $5,466/mo. Return on cash invested is 17.45% in year one, and rental yield stands at 6.56% on a $999,300 basis. Equity gained on principal adds $6,448/yr, and 5% annual appreciation accumulates to $276,088 by year five. Five-year ROI measures 89.61% and total cumulative return in cash reaches $294,600. For financing, Ziffy Mortgage’s DSCR program evaluates $5,466/mo property income against a $4,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93101, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,495 (100%) |
| Owner Occupied HU | 2,994 (22.2%) |
| Renter Occupied HU | 9,578 (71.0%) |
| Vacant Housing Units | 923 ( 6.8%) |
| Median Home Value | $1,281,588 |
| Average Home Value | $1,361,541 |
Housing Distribution
Address Breakdown
Residential
12,853
Single Family
8,173
Multi-Family
4,680
Businesses
2,998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Chadwick • Compass
Mls Name: CRMLS
Mls ID: #V1-33137