1794 S Rice RdOjaiCA93023
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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 Ojai at 1794 S Rice Rd, Ojai, CA, 93023 earns from $5,845/mo rent with a $6,742/mo payment. Total monthly income totals $5,845/mo. ROI tracks 13.17% on current figures, and rental yield reads 5.09% at a $1,377,400 purchase. Equity gained on principal adds $8,888/yr, and 5% annual appreciation supports $380,550 over five years. Five-year ROI reaches 66.62% and total cumulative return in cash sums $297,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,845/mo property income instead of your personal income.
Single Family
Built in N/A
N/A 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A