1241 Nautical Way #160OxnardCA93030
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
Investment Highlights
Rental property for sale in Oxnard at 1241 Nautical Way #160, Oxnard, CA, 93030 generates $3,588/mo in rent and, after a $2,785/mo payment, leaves $68/mo in cash flow. Total monthly income is $3,588/mo, and annual cash flow is $816/yr on $187,201 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 7.57% on a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 105.98% and total cumulative return in cash sums $198,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,588/mo property income rather than buyer’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93030, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,855 (100%) |
| Owner Occupied HU | 7,297 (46.0%) |
| Renter Occupied HU | 8,152 (51.4%) |
| Vacant Housing Units | 406 ( 2.6%) |
| Median Home Value | $688,476 |
| Average Home Value | $706,236 |
Housing Distribution
Address Breakdown
Residential
15,233
Single Family
11,819
Multi-Family
3,414
Businesses
2,100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shirley Acosta • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-31962