1524 Casarin AveSimi 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
Investment property for sale in Simi Valley at 1524 Casarin Ave, Simi Valley, CA, 93065 listed at $863,000 pairs $5,416/mo rent with a $4,224/mo payment to leave $77/mo cash flow. Total monthly income runs $5,416/mo, and annual cash flow reaches $927/yr on $283,927 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 7.53% at a $863,000 basis. Equity gained on principal adds $5,569/yr, and annual property appreciation at 5% supports $238,431 by year five. Five-year ROI tracks 105.38% and total cumulative return in cash totals $299,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,416/mo property income relative to a $4,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
7,952 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: Fang Xia • Beverly and Company
Mls Name: CRMLS
Mls ID: #SR25156998