2148 Stoneman StSimi ValleyCA93065
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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
Rental property for sale in Simi Valley at 2148 Stoneman St, Simi Valley, CA, 93065 generates $5,660/mo in rent, after a $4,772/mo payment. Total monthly income is $5,660/mo. Return on cash invested sits at 18.67% in year one, and rental yield is 6.97% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 96.16% and total cumulative return in cash sums $308,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93065, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,634 (100%) |
| Owner Occupied HU | 17,970 (70.1%) |
| Renter Occupied HU | 6,987 (27.3%) |
| Vacant Housing Units | 677 ( 2.6%) |
| Median Home Value | $844,784 |
| Average Home Value | $887,427 |
Housing Distribution
Address Breakdown
Residential
25,320
Single Family
23,251
Multi-Family
2,069
Businesses
1,888
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Listed by: Zackariah T Neeley • Equity Union
Mls Name: CSMAOR
Mls ID: #225004807