11604 N Ventura AveOjaiCA93023
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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
Total monthly income runs $4,066/mo, and a $8,565/mo payment. Purchase price stands at $1,750,000, and rental yield measures 2.79% with $4,066/mo rent. Return on cash invested shows 6.06% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 28.5% and total cumulative return in cash records $161,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,066/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.27 Acres 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: Christopher Williams • LIV Sotheby's Ojai
Mls Name: Ojai Valley BOR
Mls ID: #224946