120 E Virginia TerSanta PaulaCA93060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 120 E Virginia Ter, Santa Paula, CA, 93060 in Santa Paula. Priced at $499,900, it generates $5,938/mo in gross rent and $2,392/mo in net monthly cash flow, a 14.25% yield that comfortably supports the 2.64 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $28,707. Five-year appreciation: $138,113. Equity from principal paydown: $4,604/yr. Total projected cumulative return: $345,510.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 6.0% |
| Monthly Cash Flow | $2,392 | $500 |
City averages based on Santa Paula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,938 |
| Total Monthly Debt Service | $3,346 |
| DSCR Ratio | 1.77x |
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 1982
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
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 1982
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93060, Santa Paula, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,807 (100%) |
| Owner Occupied HU | 5,778 (53.5%) |
| Renter Occupied HU | 4,600 (42.6%) |
| Vacant Housing Units | 429 ( 4.0%) |
| Median Home Value | $681,405 |
| Average Home Value | $763,214 |
Housing Distribution
Address Breakdown
Residential
10,560
Single Family
9,941
Multi-Family
619
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices