1742 Sinaloa Rd APT 341Simi ValleyCA93065
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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
Rental property for sale in Simi Valley at 1742 Sinaloa Rd APT 341, Simi Valley, CA, 93065 priced at $499,999 converts $4,736/mo rent into $1,076/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,736/mo, and annual cash flow totals $12,914/yr on $165,750 invested. Return on cash invested prints 27.7% in year one, and rental yield reads 11.37% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 146.13% and total cumulative return in cash sums $242,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,736/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Condo
Built in 1983
1,161 sqft lot
$N/A/sqft
$567 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: Deborah Gates • Pinnacle Estate Properties, Inc.
Mls Name: CSMAOR
Mls ID: #224003583