1088-1090 Bangor LnVenturaCA93001
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
Investment Highlights
Investment property for sale in Ventura at 1088-1090 Bangor Ln, Ventura, CA, 93001 offers a 2.7% rental yield on a $1,775,000 purchase with $3,990/mo rent. 78% in year one. Equity gained on principal adds $11,454/yr while 5% annual appreciation supports $490,400 over five years. Portfolio math shows five-year ROI at 26.99% and total cumulative return in cash at $155,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,990/mo property income against a $8,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1929
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93001, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,804 (100%) |
| Owner Occupied HU | 6,348 (40.2%) |
| Renter Occupied HU | 7,952 (50.3%) |
| Vacant Housing Units | 1,504 ( 9.5%) |
| Median Home Value | $1,024,897 |
| Average Home Value | $1,155,371 |
Housing Distribution
Address Breakdown
Residential
14,665
Single Family
12,450
Multi-Family
2,215
Businesses
1,584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Dennis • Crestwood Properties
Mls Name: CRMLS
Mls ID: #V1-32155