104 Maegan Pl APT 12Thousand OaksCA91362
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 104 Maegan Pl APT 12, Thousand Oaks, CA, 91362 in Thousand Oaks is narrow, $162/mo net on $3,484/mo rent after the $2,109/mo debt service, but the property operates at break-even-plus, not a loss. At $469,000 with a 8.91% yield, the long-run equity case via 5% appreciation ($129,576 over five years) and $4,320/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.65 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $215,363.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 4.5% |
| Monthly Cash Flow | $162 | $1,500 |
City averages based on Thousand Oaks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,484 |
| Total Monthly Debt Service | $2,715 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91362, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 9,673 (68.8%) |
| Renter Occupied HU | 3,884 (27.6%) |
| Vacant Housing Units | 506 ( 3.6%) |
| Median Home Value | $1,189,099 |
| Average Home Value | $1,279,451 |
Housing Distribution
Address Breakdown
Residential
14,085
Single Family
13,361
Multi-Family
724
Businesses
1,981
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
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91362, Thousand Oaks, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 9,673 (68.8%) |
| Renter Occupied HU | 3,884 (27.6%) |
| Vacant Housing Units | 506 ( 3.6%) |
| Median Home Value | $1,189,099 |
| Average Home Value | $1,279,451 |
Housing Distribution
Address Breakdown
Residential
14,085
Single Family
13,361
Multi-Family
724
Businesses
1,981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Simmons • October Realty Group
Mls Name: CSMAOR
Mls ID: #226000317