102 W Matilija StOjaiCA93023
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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
Investment Highlights
Investment property for sale in Ojai at 102 W Matilija St, Ojai, CA, 93023 offers a 4.73% rental yield on a $1,799,000 purchase with $7,096/mo rent. 07% in year one. Equity gained on principal adds $11,609/yr while 5% annual appreciation supports $497,031 over five years. Portfolio math shows five-year ROI at 60.69% and total cumulative return in cash at $353,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,096/mo property income against a $8,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
10,036 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
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Listed by: Donna Sallen • Re/Max Gold Coast Realtors
Mls Name: Ojai Valley BOR
Mls ID: #224987