2426 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 | $751/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2426 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 | $751/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Thousand Oaks at 2426 Pleasant Way UNIT E, Thousand Oaks, CA, 91362 generates $3,473/mo in rent and, after a $2,154/mo payment, leaves $751/mo in cash flow. Total monthly income is $3,473/mo, and annual cash flow is $9,008/yr on $145,860 invested. Return on cash invested sits at 26.08% in year one, and rental yield is 9.47% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 135.96% and total cumulative return in cash sums $198,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,473/mo property income rather than buyer’s personal income.

Condo

Built in 1985

907 sqft lot

$N/A/sqft

No HOA

More details about the property

This turnkey single-story, 1st floor condo at 2426 Pleasant Way, Unit E, Thousand Oaks, CA 91362 offers 2 bedrooms, 1 bathroom, and 907 square feet of thoughtfully designed living space and a brand new HVAC! The open kitchen features white cabinetry, quartz countertops, stainless steel refrigerator, dishwasher, microwave and electric oven. The kitchen flows seamlessly into the living and dining areas, providing an ideal layout for everyday living. The spacious primary bedroom includes a generous walk-in closet and sliders providing direct access to the patio. The second bedroom offers flexibility for guests or a home office. Additional highlights include a well-appointed bathroom, in-unit washer and dryer, fireplace and central air conditioning. Step outside to a private wrap-around patio overlooking a lush park setting. Community amenities include a pool, spa, and beautifully maintained common areas. HOA dues cover water, sewer and trash service for added convenience. The neighborhood park is directly across the street, enhancing the indoor/outdoor enjoyment of this lovely home. Situated in a prime Thousand Oaks location, the home is close to The Oaks Mall, Janss Marketplace, award-winning schools, local parks, and dining options, with easy access to the 101 Freeway. * Please note that some photos are virtually staged *

Neighborhood Data

Neighborhood data shown for ZIP Code: 91362, Thousand Oaks, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,063 (100%)
Owner Occupied HU	9,673 (68.8%)
Renter Occupied HU	3,884 (27.6%)
Vacant Housing Units	506 ( 3.6%)
Median Home Value	$1,189,099
Average Home Value	$1,279,451