7386 Calle Real APT 14GoletaCA93117
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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 7386 Calle Real APT 14, Goleta, CA, 93117 generates $6,186/mo in rent and, after a $3,568/mo payment, leaves $1,673/mo in cash flow. Total monthly income is $6,186/mo, and annual cash flow is $20,073/yr on $239,841 invested. Return on cash invested sits at 28.43% in year one, and rental yield is 10.18% on a $729,000 entry. Equity gained on principal adds $4,704/yr, while 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 148.51% and total cumulative return in cash sums $356,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,186/mo property income rather than buyer’s personal income.
Townhouse
Built in 1975
N/A 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: The Ouellette Team • Century 21 Real Estate Alliance
Mls Name: SBMLS
Mls Provider:
Mls ID: #24-2925
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