2242 Miramar WalkOxnardCA93035
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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 Oxnard at 2242 Miramar Walk, Oxnard, CA, 93035 listed at $499,900 pairs $4,026/mo rent with a $2,447/mo payment to leave $933/mo cash flow. Total monthly income runs $4,026/mo, and annual cash flow reaches $11,199/yr on $165,717 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.66% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 139.1% and total cumulative return in cash totals $230,508. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,026/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93035, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,341 (100%) |
| Owner Occupied HU | 6,377 (51.7%) |
| Renter Occupied HU | 3,956 (32.1%) |
| Vacant Housing Units | 2,008 (16.3%) |
| Median Home Value | $864,860 |
| Average Home Value | $1,030,654 |
Housing Distribution
Address Breakdown
Residential
11,612
Single Family
10,235
Multi-Family
1,377
Businesses
219
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Listed by: Alfredo Manzano • Platinum Real Estate Vip
Mls Name: CRMLS
Mls ID: #SR25215238