1225 S Rice Rd SPACE 41OjaiCA93023
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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
Investment property for sale in Ojai at 1225 S Rice Rd SPACE 41, Ojai, CA, 93023 earns $278/mo cash flow from $1,509/mo rent with a $974/mo payment. Total monthly income totals $1,509/mo, and annual cash flow totals $3,335/yr on $65,969 capital. ROI tracks 24.97% on current figures, and rental yield reads 9.1% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash sums $85,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,509/mo property income instead of your personal income.
Manufactured
Built in 1970
2,755 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: Korina Cardinali • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #V1-33307