240 W Vineyard AveOxnardCA93036
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 240 W Vineyard Ave, Oxnard, CA, 93036 in Oxnard is the 1.50 coverage ratio: rent of $3,444/mo versus a $2,289/mo debt payment on a $509,000 property. Rental yield 8.12%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $140,627 by year five, with $4,688/yr in equity from paydown. Total projected cumulative return: $183,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.5% |
| Monthly Cash Flow | $(180) | $200 |
City averages based on Oxnard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,444 |
| Total Monthly Debt Service | $3,421 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
$475 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1973
871.20 sqft lot
$N/A/sqft
$475 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Martinson • Pinnacle Estate Properties Inc
Mls Name: CSMAOR
Mls Provider:
Mls ID: #225004273
Disclaimer: The information being provided by CSMAR is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a visitor may be interested in purchasing or leasing. Information relating to properties referenced on this web site may originate from the Internet Data Exchange (IDX) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information originating from CSMAR, relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data originating from CSMAR is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.