12291 Sisar RdOjaiCA93023
Nearby investment properties with comparable rents
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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 12291 Sisar Rd, Ojai, CA, 93023 priced at $1,399,900 converts $8,052/mo rent into after a $6,852/mo obligation. Total monthly income equals $8,052/mo. Return on cash invested prints 18.76% in year one, and rental yield reads 6.9% against a $1,399,900 entry. Equity gained on principal adds $9,033/yr, while 5% annual appreciation compiles into $386,767 by year five. Five-year ROI reaches 96.58% and total cumulative return in cash sums $438,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,052/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 1962
10,375 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: Scott Thompson • Regal Realty of California
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224167
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2024-02-12 14:06:22 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.