1262 Clay AveVenturaCA93004
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
Investment property for sale in Ventura at 1262 Clay Ave, Ventura, CA, 93004 at $850,000 posts ROI 23.11% with $710/mo cash flow from $6,020/mo rent. Total monthly income equals $6,020/mo, and annual cash flow records $8,524/yr on $279,650 to close. Return on cash invested measures 23.11% and rental yield reads 8.5% at the current $850,000. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 by year five. Five-year ROI prints 120.05% and total cumulative return in cash totals $335,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
7,169 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93004, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,115 (100%) |
| Owner Occupied HU | 7,379 (60.9%) |
| Renter Occupied HU | 3,942 (32.5%) |
| Vacant Housing Units | 794 ( 6.6%) |
| Median Home Value | $834,511 |
| Average Home Value | $838,023 |
Housing Distribution
Address Breakdown
Residential
11,539
Single Family
10,199
Multi-Family
1,340
Businesses
318
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Nearby investment properties with comparable prices
Listed by: Jessica McCrea • Ojai Valley Real Estate
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224305
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.