1550 Rory Ln SPACE 239Simi ValleyCA93063
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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 1550 Rory Ln SPACE 239, Simi Valley, CA, 93063 offers a 8.63% rental yield on a $234,000 purchase with $1,683/mo rent. Total monthly income registers $1,683/mo, and a $1,145/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,829/yr on $77,571 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 122.4% and total cumulative return in cash at $94,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,683/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93063, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,167 (100%) |
| Owner Occupied HU | 14,086 (69.8%) |
| Renter Occupied HU | 5,428 (26.9%) |
| Vacant Housing Units | 653 ( 3.2%) |
| Median Home Value | $816,433 |
| Average Home Value | $833,434 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
17,734
Multi-Family
1,613
Businesses
1,015
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Listed by: Kelly Evans • eXp Realty of California Inc
Mls Name: CSMAOR
Mls ID: #225004192