2 Ortega DrNewbury ParkCA91320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Newbury Park at 2 Ortega Dr, Newbury Park, CA, 91320 priced at $279,000 converts $1,909/mo rent into $183/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,909/mo, and annual cash flow totals $2,191/yr on $92,489 invested. Return on cash invested prints 22.28% in year one, and rental yield reads 8.21% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 115.57% and total cumulative return in cash sums $106,891. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,909/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91320, Newbury Park, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,471 (100%) |
| Owner Occupied HU | 11,337 (73.3%) |
| Renter Occupied HU | 3,733 (24.1%) |
| Vacant Housing Units | 401 ( 2.6%) |
| Median Home Value | $955,113 |
| Average Home Value | $1,054,082 |
Housing Distribution
Address Breakdown
Residential
15,639
Single Family
14,380
Multi-Family
1,259
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa M Caligiuri Lewis • Compass
Mls Name: CSMAOR
Mls ID: #225004727