1215 Anchors Way #174VenturaCA93001
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1215 Anchors Way #174, Ventura, CA, 93001 in Ventura hard to pass up. The 10.11% gross yield on a $489,000 purchase results in $4,121/mo in rent and $1,096/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.87). Annual cash flow of $13,149, five-year appreciation of $135,102, and $4,504/yr in equity build-up combine for a projected total cumulative return of $255,963.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $1,096 | $250 |
City averages based on Ventura market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,121 |
| Total Monthly Debt Service | $2,830 |
| DSCR Ratio | 1.46x |
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.
Manufactured
Built in 1998
3,043 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93001, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,804 (100%) |
| Owner Occupied HU | 6,348 (40.2%) |
| Renter Occupied HU | 7,952 (50.3%) |
| Vacant Housing Units | 1,504 ( 9.5%) |
| Median Home Value | $1,024,897 |
| Average Home Value | $1,155,371 |
Housing Distribution
Address Breakdown
Residential
14,665
Single Family
12,450
Multi-Family
2,215
Businesses
1,584
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
Manufactured
Built in 1998
3,043 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93001, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,804 (100%) |
| Owner Occupied HU | 6,348 (40.2%) |
| Renter Occupied HU | 7,952 (50.3%) |
| Vacant Housing Units | 1,504 ( 9.5%) |
| Median Home Value | $1,024,897 |
| Average Home Value | $1,155,371 |
Housing Distribution
Address Breakdown
Residential
14,665
Single Family
12,450
Multi-Family
2,215
Businesses
1,584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Chin • Seaside Realty, Inc
Mls Name: CRMLS
Mls ID: #V1-31672