1748 Sinaloa Rd APT 158, Simi Valley, CA, 93065 | $468/mo Cash Flow

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1748 Sinaloa Rd APT 158, Simi Valley, CA, 93065 | $468/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Simi Valley at 1748 Sinaloa Rd APT 158, Simi Valley, CA, 93065 uses $148,844 cash to close to unlock $5,616/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $3,246/mo, and a $2,198/mo payment keeps the spread at $468/mo. Purchase price stands at $449,000, and rental yield measures 8.68% with $3,246/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 123.1% and total cumulative return in cash records $183,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,246/mo property income covering a $2,198/mo payment rather than investor’s personal income.

Condo

Built in 1980

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime location in West Simi Valley's highly desired Sinaloa Villas! This beautifully updated ground-level home offers comfort, style, and incredible value. Perfectly positioned near the tranquil southeast corner of the community, it's adjacent to a lush greenbelt with parking just steps from the door. Inside, the open layout features a spacious living room with a cozy fireplace, dining area, and private rear patioideal for relaxing or entertaining. The kitchen boasts granite countertops, a newer dishwasher, and microwave. The bright primary suite includes two full-sized closets and a remodeled bath with a Toto bidet toilet. Enjoy brand-new wood-like luxury vinyl flooring, fresh interior paint, and central A/C with an Ecobee smart thermostat. Added comforts include in-unit laundry and a smart doorbell for convenience and peace of mind. Community amenities feature a sparkling pool, two spas, tennis courts, BBQ areas, pet-friendly walking paths, and a stunning clubhouse with sweeping views. Covered carport parking with storage and ample guest parking are just steps away. Close to top-rated schools, shopping, dining, and freeways, this home blends modern comfort, prime location, and exceptional value in one of Simi Valley's most welcoming condo communities.

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