1348 Cruzero StOjaiCA93023
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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
Investment property for sale in Ojai at 1348 Cruzero St, Ojai, CA, 93023 listed at $950,000 pairs $6,622/mo rent with a $4,650/mo payment to leave $745/mo cash flow. Total monthly income runs $6,622/mo, and annual cash flow reaches $8,939/yr on $312,550 cash to close. Return on cash invested measures 22.92% in year one, and rental yield registers 8.36% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 118.95% and total cumulative return in cash totals $371,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,622/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.50 Acres 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: Nora Davis • LIV Sotheby's Ojai
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224749
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2025-06-27 10:14:17 PDT. 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.