1701 Ramelli AveVenturaCA93003
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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 Ventura at 1701 Ramelli Ave, Ventura, CA, 93003 offers a 5.86% rental yield on a $818,000 purchase with $3,995/mo rent. 31% in year one. Equity gained on principal adds $5,278/yr while 5% annual appreciation supports $225,998 over five years. Portfolio math shows five-year ROI at 78.14% and total cumulative return in cash at $210,295. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,995/mo property income against a $4,004/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
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Listed by: Cyndi Hobson • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-30962