823 Orange AveSanta BarbaraCA93101
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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 Santa Barbara at 823 Orange Ave, Santa Barbara, CA, 93101 earns $2,217/mo cash flow from $8,404/mo rent with a $4,895/mo payment. Total monthly income totals $8,404/mo, and annual cash flow totals $26,608/yr on $329,000 capital. ROI tracks 28.15% on current figures, and rental yield reads 10.08% at a $1,000,000 purchase. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 over five years. Five-year ROI reaches 146.99% and total cumulative return in cash sums $483,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,404/mo property income instead of your personal income.
Single Family
Built in 1905
5,662 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
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Listed by: Paul Barbosa • Century 21 Hollywood
Mls Name: CLAW
Mls Provider:
Mls ID: #24-410397
Disclaimer: 2024 The MLS - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.