242 Riverdale Ct APT 829CamarilloCA93012
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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 Camarillo at 242 Riverdale Ct APT 829, Camarillo, CA, 93012 priced at $599,000 converts $5,178/mo rent into $931/mo cash flow after a $2,932/mo obligation. Total monthly income equals $5,178/mo, and annual cash flow totals $11,171/yr on $197,071 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 10.37% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 135.2% and total cumulative return in cash sums $266,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,178/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$481 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93012, Camarillo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,142 (100%) |
| Owner Occupied HU | 10,441 (69.0%) |
| Renter Occupied HU | 3,959 (26.1%) |
| Vacant Housing Units | 742 ( 4.9%) |
| Median Home Value | $917,718 |
| Average Home Value | $1,035,241 |
Housing Distribution
Address Breakdown
Residential
14,621
Single Family
13,611
Multi-Family
1,010
Businesses
1,246
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Listed by: Britney Ramey • eXp Realty of Greater LA
Mls Name: CRMLS
Mls Provider:
Mls ID: #V1-24684
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