82 La Mesa LnSanta BarbaraCA93105
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 82 La Mesa Ln, Santa Barbara, CA, 93105 offers $3,569/mo rent that, after a $1,909/mo payment, leaves $1,156/mo cash flow. Total monthly income is $3,569/mo, and annual cash flow is $13,875/yr on $129,285 cash. Return on cash invested measures 30.64% in year one, and rental yield stands at 10.98% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 160.41% and total cumulative return in cash reaches $207,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,569/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93105, Santa Barbara, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,041 (100%) |
| Owner Occupied HU | 6,109 (50.7%) |
| Renter Occupied HU | 4,906 (40.7%) |
| Vacant Housing Units | 1,026 ( 8.5%) |
| Median Home Value | $1,647,666 |
| Average Home Value | $1,606,828 |
Housing Distribution
Address Breakdown
Residential
11,231
Single Family
8,520
Multi-Family
2,711
Businesses
875
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Ann Bowe • Village Properties - 1
Mls Name: SBMLS
Mls ID: #25-4259