1755 Heywood St #203Simi ValleyCA93065
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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 Simi Valley at 1755 Heywood St #203, Simi Valley, CA, 93065 uses $126,119 cash to close to unlock $13,975/yr annual cash flow and $1,165/mo monthly cash flow. Total monthly income runs $3,518/mo, and a $1,862/mo payment keeps the spread at $1,165/mo. Purchase price stands at $380,448, and rental yield measures 11.1% with $3,518/mo rent. Return on cash invested shows 30.99% in year one, and 5% annual appreciation builds toward $105,111 over five years. Five-year ROI reaches 162.26% and total cumulative return in cash records $204,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,518/mo property income covering a $1,862/mo payment rather than investor’s personal income.
Condo
Built in 2018
871.20 sqft lot
$N/A/sqft
No 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: Bob Cottle • HomeSmart Evergreen Realty
Mls Name: CSMAOR
Mls ID: #225004206