1241 Nautical Way #160OxnardCA93030
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.57% yield at 1241 Nautical Way #160, Oxnard, CA, 93030 in Oxnard is solid, but the $2,559/mo payment compresses net cash flow to $68/mo at $569,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $157,204 by year five, and $5,241/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.40) without U.S. income documentation. Total projected return: $220,157.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.5% |
| Monthly Cash Flow | $68 | $200 |
City averages based on Oxnard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,588 |
| Total Monthly Debt Service | $3,294 |
| DSCR Ratio | 1.09x |
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.
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
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
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