11423 Violeta StVenturaCA93004
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 11423 Violeta St, Ventura, CA, 93004 in Ventura is narrow, $124/mo net on $7,180/mo rent after the $4,942/mo debt service, but the property operates at break-even-plus, not a loss. At $1,099,000 with a 7.84% yield, the long-run equity case via 5% appreciation ($303,633 over five years) and $10,122/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.45 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $425,827.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $124 | $250 |
City averages based on Ventura market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,180 |
| Total Monthly Debt Service | $6,619 |
| DSCR Ratio | 1.08x |
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.
Multi Family
Built in 1972
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93004, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,379 (60.9%) |
| Renter Occupied HU | 3,942 (32.5%) |
| Vacant Housing Units | 794 ( 6.6%) |
| Median Home Value | $834,511 |
| Average Home Value | $838,023 |
Housing Distribution
Address Breakdown
Residential
11,539
Single Family
10,199
Multi-Family
1,340
Businesses
318
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
Multi Family
Built in 1972
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93004, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,379 (60.9%) |
| Renter Occupied HU | 3,942 (32.5%) |
| Vacant Housing Units | 794 ( 6.6%) |
| Median Home Value | $834,511 |
| Average Home Value | $838,023 |
Housing Distribution
Address Breakdown
Residential
11,539
Single Family
10,199
Multi-Family
1,340
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices