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3435 Richland Dr, Santa Barbara, CA 93105 — $615,000 · 1bd · ~0.4% rule | OnePercent

3435 Richland Dr, Santa Barbara, CA 93105

$615,000

Home·Santa Barbara 93105·3435 Richland Dr, Santa Barbara, CA 93105

Last confirmed 4 days ago

3435 Richland Dr, Santa Barbara, CA 93105

1 bd · 1 ba · 640 sqft · built 1961 · Santa Barbara · CONDOS·source listing ↗

$615,000

rent, three ways

OnePercent model (vv1)$2,555/mo

p10–p90 confidence band

HUD Fair Market Rent · 93105 · 1BR$3,240/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$138,286

Median area rent$2,650/mo

Median home value$1,663,000

the verdict

0.42%vs 0.8% target

wide confidence band

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

$615,000

0.42% · rent $2,555

Intrinsic value · income approach

$992,125

38% 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.