2304 Archwood Ln UNIT 94Simi 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
Investment property for sale in Simi Valley at 2304 Archwood Ln UNIT 94, Simi Valley, CA, 93063 uses $165,750 cash to close to unlock $3,686/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $3,400/mo, and a $2,447/mo payment keeps the spread at $307/mo. Purchase price stands at $499,999, and rental yield measures 8.16% with $3,400/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 114.78% and total cumulative return in cash records $190,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,400/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1986
954 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: Rachel Reese • RE/MAX One
Mls Name: CRMLS
Mls ID: #SR25200189