7465 Hollister Ave SPACE 130GoletaCA93117
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
Investment property for sale in Goleta at 7465 Hollister Ave SPACE 130, Goleta, CA, 93117 earns $649/mo cash flow from $4,763/mo rent with a $3,255/mo payment. Total monthly income totals $4,763/mo, and annual cash flow totals $7,788/yr on $218,785 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.59% at a $665,000 purchase. Equity gained on principal adds $4,291/yr, and 5% annual appreciation supports $183,727 over five years. Five-year ROI reaches 122.73% and total cumulative return in cash sums $268,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,763/mo property income instead of your personal income.
Condo
Built in 1980
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Gil • Century 21 Masters
Mls Name: CRMLS
Mls ID: #V1-33183