2319 Shakespeare DrOxnardCA93033
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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 Oxnard at 2319 Shakespeare Dr, Oxnard, CA, 93033 priced at $540,000 pairs $5,345/mo rent with $2,005/mo cash flow after a $2,643/mo payment. Total monthly income equals $5,345/mo, and annual cash flow comes to $24,054/yr on $177,660 invested. Return on cash invested is 33.6% in year one, and rental yield stands at 11.88% on a $540,000 basis. Equity gained on principal adds $3,485/yr, and 5% annual appreciation accumulates to $149,192 by year five. Five-year ROI measures 176.23% and total cumulative return in cash reaches $313,094. For financing, Ziffy Mortgage’s DSCR program evaluates $5,345/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2004
1,324 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93033, Oxnard, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,924 (100%) |
| Owner Occupied HU | 9,880 (55.1%) |
| Renter Occupied HU | 7,599 (42.4%) |
| Vacant Housing Units | 445 ( 2.5%) |
| Median Home Value | $574,675 |
| Average Home Value | $598,320 |
Housing Distribution
Address Breakdown
Residential
17,300
Single Family
15,320
Multi-Family
1,980
Businesses
1,107
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Listed by: Jeff Goodman • Jeffrey Goodman, Broker
Mls Name: Ojai Valley BOR
Mls Provider:
Mls ID: #224221
Disclaimer: Based on information from the Ojai Valley Board of REALTORS as of 2024-02-12 14:06:22 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.