2239 Homewood AveSimi ValleyCA93063
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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 2239 Homewood Ave, Simi Valley, CA, 93063 generates $4,559/mo in rent, after a $4,133/mo payment. Total monthly income is $4,559/mo. Return on cash invested sits at 17.19% in year one, and rental yield is 6.48% on a $844,500 entry. Equity gained on principal adds $5,449/yr, while 5% annual appreciation builds toward $233,320 over five years. Five-year ROI reaches 88.23% and total cumulative return in cash sums $245,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,559/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93063, Simi Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,167 (100%) |
| Owner Occupied HU | 14,086 (69.8%) |
| Renter Occupied HU | 5,428 (26.9%) |
| Vacant Housing Units | 653 ( 3.2%) |
| Median Home Value | $816,433 |
| Average Home Value | $833,434 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
17,734
Multi-Family
1,613
Businesses
1,015
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Listed by: Ronald Noel Jr • Equity Union
Mls Name: CRMLS
Mls ID: #SR25186967