1202 Loma Dr SPACE 7OjaiCA93023
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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
Rental property for sale in Ojai at 1202 Loma Dr SPACE 7, Ojai, CA, 93023 generates $2,726/mo in rent and, after a $2,129/mo payment, leaves $35/mo in cash flow. Total monthly income is $2,726/mo, and annual cash flow is $421/yr on $144,203 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 7.52% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 104.42% and total cumulative return in cash sums $150,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,726/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
1,742 sqft 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: Judy Williams • Keller Williams Westlake Village
Mls Name: CSMAOR
Mls ID: #225005631