240 E Bay BlvdPort HuenemeCA93041
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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 Port Hueneme at 240 E Bay Blvd, Port Hueneme, CA, 93041 offers $3,476/mo rent that, after a $2,251/mo payment, leaves $631/mo cash flow. Total monthly income is $3,476/mo, and annual cash flow is $7,570/yr on $152,490 cash. Return on cash invested measures 24.87% in year one, and rental yield stands at 9.07% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 129.46% and total cumulative return in cash reaches $197,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,476/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1970
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93041, Port Hueneme, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,837 (100%) |
| Owner Occupied HU | 3,511 (39.7%) |
| Renter Occupied HU | 4,088 (46.3%) |
| Vacant Housing Units | 1,238 (14.0%) |
| Median Home Value | $647,738 |
| Average Home Value | $692,544 |
Housing Distribution
Address Breakdown
Residential
8,383
Single Family
7,218
Multi-Family
1,165
Businesses
379
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Listed by: Gerard Martinez • Sun Coast Real Estate Downtown
Mls Name: CRMLS
Mls ID: #V1-31789