1329 W Iris StOxnardCA93033
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 Oxnard at 1329 W Iris St, Oxnard, CA, 93033 offers a 13.19% rental yield on a $825,000 purchase with $9,071/mo rent. Total monthly income registers $9,071/mo, and a $4,038/mo payment leaves $3,967/mo available for distribution. Annual cash flow reaches $47,608/yr on $271,425 to close, and return on cash invested stands at 37.6% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 197.68% and total cumulative return in cash at $536,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,071/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93033, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,924 (100%) |
| Owner Occupied HU | 9,880 (55.1%) |
| Renter Occupied HU | 7,599 (42.4%) |
| Vacant Housing Units | 445 ( 2.5%) |
| Median Home Value | $574,675 |
| Average Home Value | $598,320 |
Housing Distribution
Address Breakdown
Residential
17,300
Single Family
15,320
Multi-Family
1,980
Businesses
1,107
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Nearby investment properties with comparable prices
Listed by: Norma Chavez Duran • eXp Realty of California Inc
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408447
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.