924 Skagen Dr, Solvang, CA, 93463 | 3.46% Rental Yield

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,308/mo, and a $7,317/mo payment. Purchase price stands at $1,495,000, and rental yield measures 3.46% with $4,308/mo rent. Return on cash invested shows 8.13% in year one, and 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 39.58% and total cumulative return in cash records $191,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,308/mo property income covering a $7,317/mo payment rather than investor’s personal income.

Single Family

Built in 1981

0.45 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93463, Solvang, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,899 (100%)
Owner Occupied HU	2,236 (57.3%)
Renter Occupied HU	1,329 (34.1%)
Vacant Housing Units	334 ( 8.6%)
Median Home Value	$1,375,604
Average Home Value	$1,390,312