2305 Maricopa HwyOjaiCA93023
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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 Ojai at 2305 Maricopa Hwy, Ojai, CA, 93023 listed at $649,900 pairs $4,508/mo rent with a $3,181/mo payment to leave $488/mo cash flow. Total monthly income runs $4,508/mo, and annual cash flow reaches $5,850/yr on $213,817 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 8.32% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 118.29% and total cumulative return in cash totals $252,930. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,508/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93023, Ojai, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,986 (100%) |
| Owner Occupied HU | 5,527 (61.5%) |
| Renter Occupied HU | 2,734 (30.4%) |
| Vacant Housing Units | 725 ( 8.1%) |
| Median Home Value | $991,071 |
| Average Home Value | $1,172,401 |
Housing Distribution
Address Breakdown
Residential
8,378
Single Family
8,081
Multi-Family
297
Businesses
693
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Listed by: Jose Luiz Morales • eXp Realty of California Inc
Mls Name: CRMLS
Mls ID: #V1-33924