159 Burnham RdOak ViewCA93022
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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 Oak View at 159 Burnham Rd, Oak View, CA, 93022 priced at $1,575,000 converts $4,442/mo rent into after a $7,709/mo obligation. Total monthly income equals $4,442/mo. Return on cash invested prints 7.9% in year one, and rental yield reads 3.38% against a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation compiles into $435,143 by year five. Five-year ROI reaches 38.36% and total cumulative return in cash sums $195,734. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,442/mo property income covering a $7,709/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93022, Oak View, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,497 (70.6%) |
| Renter Occupied HU | 528 (24.9%) |
| Vacant Housing Units | 94 ( 4.4%) |
| Median Home Value | $878,024 |
| Average Home Value | $1,004,903 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
213
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Listed by: Amanda Stanworth • Berkshire Hathaway Home
Mls Name: Ojai Valley BOR
Mls ID: #224926