product

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1121 San Andres St, Santa Barbara, CA 93101 — $1,199,000 · 3bd · ~0.5% rule | OnePercent

1121 San Andres St, Santa Barbara, CA 93101

$1,199,000

Home·Santa Barbara 93101·1121 San Andres St, Santa Barbara, CA 93101

Confirmed 2 days ago

1121 San Andres St, Santa Barbara, CA 93101

3 bd · 3 ba · 1,303 sqft · built 1976 · Santa Barbara · SINGLE_FAMILY·source listing ↗

$1,199,000

rent, three ways

OnePercent model (vv1)$5,586/mo

p10–p90 confidence band

HUD Fair Market Rent · 93101 · 3BR$5,050/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Santa Barbara

Flood risk indexVery High FEMA NRI

Median household income$90,148

Median area rent$2,250/mo

Median home value$1,184,000

the verdict

0.47%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$1,199,000

0.47% · rent $5,586

Intrinsic value · income approach

$1,953,808

39% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.