206 Browning Ave SPACE 206VenturaCA93003
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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 206 Browning Ave SPACE 206, Ventura, CA, 93003 uses $107,738 cash to close to unlock $2,126/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $2,188/mo, and a $1,591/mo payment keeps the spread at $177/mo. Purchase price stands at $325,000, and rental yield measures 8.08% with $2,188/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 113.47% and total cumulative return in cash records $122,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,188/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
1,441 sqft 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: John McNally • RE/MAX Gold Coast REALTORS
Mls Name: CRMLS
Mls ID: #V1-31945