209 W Channel Islands BlvdPort HuenemeCA93041
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 209 W Channel Islands Blvd, Port Hueneme, CA, 93041 in Port Hueneme achieves 1.65, rent of $3,113/mo covers the $1,882/mo payment 1.5x over at $418,500. Rental yield 8.93%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $115,624 over five years, with $3,854/yr in principal reduction bringing total projected return to $148,980.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.2% |
| Monthly Cash Flow | $(200) | $350 |
City averages based on Port Hueneme market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,113 |
| Total Monthly Debt Service | $3,146 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Housing Distribution
Address Breakdown
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
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
Condo
Built in 1973
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Housing Distribution
Address Breakdown
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices