1885 Maricopa Hwy SPC 21OjaiCA93023
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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 1885 Maricopa Hwy SPC 21, Ojai, CA, 93023 uses $132,269 cash to close to unlock $4,855/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $2,873/mo, and a $1,953/mo payment keeps the spread at $405/mo. Purchase price stands at $399,000, and rental yield measures 8.64% with $2,873/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 122.53% and total cumulative return in cash records $162,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,873/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Manufactured
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: Tonya Peralta • Keller Williams W Ventura Cty
Mls Name: Ojai Valley BOR
Mls ID: #224708