151 Farmhouse Dr UNIT 2Simi ValleyCA93065
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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
Rental property for sale in Simi Valley at 151 Farmhouse Dr UNIT 2, Simi Valley, CA, 93065 generates $5,056/mo in rent and, after a $3,421/mo payment, leaves $732/mo in cash flow. Total monthly income is $5,056/mo, and annual cash flow is $8,785/yr on $229,971 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 8.68% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $285,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,056/mo property income rather than buyer’s personal income.
Condo
Built in 2018
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: Linda Marie Archie • Equity Union
Mls Name: CSMAOR
Mls ID: #225002843