977 S Ridge View DrSanta MariaCA93455
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 Maria at 977 S Ridge View Dr, Santa Maria, CA, 93455 generates $3,416/mo in rent and, after a $1,664/mo payment, leaves $1,313/mo in cash flow. Total monthly income is $3,416/mo, and annual cash flow is $15,754/yr on $112,710 invested. Return on cash invested sits at 33.89% in year one, and rental yield is 12.06% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 177.79% and total cumulative return in cash sums $200,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,416/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93455, Santa Maria, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,975 (100%) |
| Owner Occupied HU | 12,004 (70.7%) |
| Renter Occupied HU | 4,212 (24.8%) |
| Vacant Housing Units | 759 ( 4.5%) |
| Median Home Value | $616,358 |
| Average Home Value | $693,383 |
Housing Distribution
Address Breakdown
Residential
16,413
Single Family
15,944
Multi-Family
469
Businesses
1,049
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Listed by: Nancy Sky • Keller Williams Realty Central Coast
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #25001967
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS, Inc. Copyright 2025, Santa Maria Association of REALTORS, Inc. Copyright 2025; Santa Ynez Valley Association of REALTORS, Inc. Copyright 2025. All rights reserved.