1970 Montana St #19VenturaCA93003
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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 Ventura at 1970 Montana St #19, Ventura, CA, 93003 uses $107,240 cash to close to unlock $3,806/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $2,318/mo, and a $1,583/mo payment keeps the spread at $317/mo. Purchase price stands at $323,500, and rental yield measures 8.6% with $2,318/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $89,377 over five years. Five-year ROI reaches 121.9% and total cumulative return in cash records $130,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,318/mo property income covering a $1,583/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93003, Ventura, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,290 (100%) |
| Owner Occupied HU | 11,092 (54.7%) |
| Renter Occupied HU | 8,269 (40.8%) |
| Vacant Housing Units | 929 ( 4.6%) |
| Median Home Value | $828,468 |
| Average Home Value | $871,937 |
Housing Distribution
Address Breakdown
Residential
19,951
Single Family
16,117
Multi-Family
3,834
Businesses
3,530
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Listed by: H. Patrick Butterfield • Majestic Homes
Mls Name: My State MLS
Mls ID: #11398461