3487 Via Arnez
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Los Berros Visual and Performing Arts Academy
Vandenberg Middle School
Cabrillo High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
From a conservative investment perspective, 3487 Via Arnez is a problematic asset primarily due to its severe negative cash flow of -$1,147.25 per month. While the 4% annual appreciation and the four-bedroom configuration in the Lompoc market offer some long-term equity potential, the current rental yield of 3.81% is insufficient to cover debt service and operational expenses. An annual deficit exceeding $13,700 forces the investor to rely entirely on speculative appreciation rather than fundamental income. Without a significant down payment to offset financing costs, this property represents a high-risk 'alligator' that drains liquidity, making it an unattractive option for cash-flow-oriented portfolios.
- • Four-bedroom layout provides high utility for families and local military personnel
- • Lompoc offers a lower entry price point compared to neighboring Santa Barbara markets
- • Consistent 4% projected appreciation aligns with historical California coastal trends
- • Substantial monthly cash flow deficit of -$1,147.25
- • Low rental yield of 3.81% fails to meet the '1% Rule' or cover modern financing costs
- • Heavy reliance on capital appreciation to achieve a break-even return
- • High carrying costs limit the investor's ability to weather vacancies or unexpected repairs
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-07 | Listed for sale | $609,000 | $360 |
| 2013-11-21 | Sold | $210,000 | $124 |
| 2013-07-13 | Listed for sale | $199,900 | $118 |
| 2004-11-05 | Sold | $410,000 | $242 |
| 1994-02-03 | Sold | $116,500 | $69 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,941.76 | $257,419 |
| 2024 | $2,782.28 | $252,372 |
| 2023 | $2,770.58 | $247,424 |
| 2022 | $2,735.64 | $242,573 |
| 2021 | $2,767.5 | $237,818 |
| 2020 | $2,737.54 | $235,381 |
| 2019 | $2,693.62 | $230,767 |
| 2018 | $2,652.52 | $226,243 |
| 2017 | $2,604.68 | $221,808 |
| 2016 | $2,557.9 | $217,460 |
| 2015 | $2,503.78 | $214,195 |
| 2014 | $2,503.78 | $210,000 |
| 2012 | $0 | $184,000 |
| 2011 | $0 | $184,000 |
| 2010 | $0 | $194,000 |
| 2009 | $0 | $194,000 |
| 2008 | $0 | $290,000 |
| 2007 | $0 | $400,000 |
| 2006 | $0 | $418,200 |
| 2005 | $0 | $410,000 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $17,916/yr
On $140,070 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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