1099 Purcell LnVenturaCA93003
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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 Ventura at 1099 Purcell Ln, Ventura, CA, 93003 offers a 8.7% rental yield on a $675,000 purchase with $4,895/mo rent. Total monthly income registers $4,895/mo, and a $3,304/mo payment leaves $719/mo available for distribution. Annual cash flow reaches $8,629/yr on $222,075 to close, and return on cash invested stands at 23.95% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 124.47% and total cumulative return in cash at $276,411. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,895/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
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Listed by: Michael Love • eXp Realty of California Inc
Mls Name: CSMAOR
Mls ID: #225004529