1738 Orchard DrOjaiCA93023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ojai at 1738 Orchard Dr, Ojai, CA, 93023 offers a 3.68% rental yield on a $919,000 purchase with $2,821/mo rent. 69% in year one. Equity gained on principal adds $5,930/yr while 5% annual appreciation supports $253,903 over five years. Portfolio math shows five-year ROI at 42.65% and total cumulative return in cash at $128,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,821/mo property income against a $4,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.49 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Ledesma • Real Brokerage Technologies
Mls Name: CRMLS
Mls ID: #V1-31876