16 Don Antonio Way #16OjaiCA93023
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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 Ojai at 16 Don Antonio Way #16, Ojai, CA, 93023 generates $4,042/mo in rent and, after a $2,154/mo payment, leaves $1,320/mo in cash flow. Total monthly income is $4,042/mo, and annual cash flow is $15,836/yr on $145,860 invested. Return on cash invested sits at 30.77% in year one, and rental yield is 11.02% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 161.05% and total cumulative return in cash sums $234,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,042/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
N/A 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: Belinda Wynn • Keller Williams West Ventura County
Mls Name: CRMLS
Mls ID: #V1-32535